Research Loans

Paying for college and deciding to take out student loans can seem overwhelming at first. Understanding the difference between federal and private student loans is the first step in making the right decision and getting the best financing for your education.

It’s important to remember that student loans are debts that must be repaid. For most student loans, repayment will begin after you’ve graduated, left college or dropped to less than half time.

Federal Student Loans

To find out if you qualify for any federal student loans, you will need to complete the Free Application for Federal Student Aid (FAFSA). The results of the FAFSA will be shared with the schools you list on the form, and those results will allow your school to award you financial aid. After exhausting all other sources of financial aid, federal student loans can help you achieve your goals of earning a postsecondary education.

Private Student Loans

Private student loans can bridge the gap between any federal student loans you receive and the amount needed to attend your school of choice.

Iowa Student Loan is in the process of securing partnerships with Iowa Student Loan Serviced Lenders who are willing to provide limited private loan funding for the 2008-2009 academic year. Please check back often for updates.