Undergraduate Student Loans

There are a record number of undergraduates attending colleges nationwide and many of them rely on student loans to help them pay their education bills. Undergraduates in search of student loans have a number of options to consider.

First, undergraduates should pursue federal Stafford loans before using any private student loans. The Stafford program is a great option for undergraduate student loans because they offer fixed interest rates and generous repayment provisions. Stafford loans for undergraduates do have loan limits, though, so many students need more financing assistance to bridge the gap between their Stafford loan and the true cost of education.

Private Undergraduate Student Loans

Undergraduates who need more money than is provided by the Stafford program should consider private student loans. A Think Student Loan can be used by undergraduates to supplement Stafford loans. These undergraduate student loans allow students to borrow up to the full cost of education and up to a $250,000 lifetime aggregate maximum.