Are there any student loans that do not require a cosigner or excellent credit?
by Author on Saturday, April 17th, 2010 | 2 Comments
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There are two sources for student loans — the federal government and private lenders. In order to obtain most federal student loans, you will first need to file the Free Application for Federal Student Aid (FAFSA). In most<!–instances the FAFSA is required for all federal financial aid including federal student loans. Deferment options are available while you are still attending school at least half-time. There are four main federal loan programs.
http://best-loans.awardspace.com/student-loans.htm
Federal loan consolidation is for students who are in repayment status or parents who wish to extend the repayment period on their current PLUS and obtain a fixed interest rate for the life of the loan–>you can combine all of your eligible federal student loans into one loan with a Federal Consolidation Loan. Consolidating also locks the interest rate you pay on your loan.
If you have a Social Security number and some credit history (even if not excellent) you can apply for a student loan through a bank without a co-signer. Sometimes your target school may have a tie up with a bank.