Perkins No Credit Loan
March 7th, 2010 by carla_guillermoIf you get used of you Stafford student loan, do not worry much because you still have an option for supplemental support. The Perkins loans range from $1,000 to $4,000 per year and the repayment is until nine-months after graduation. You can ask about this kind of loan on your university’s financial aid office but be aware that you need to apply early because this no credit student loan program is on a first come first serve basis.
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Stafford No Credit Loan
March 6th, 2010 by carla_guillermoIf you are looking for a student loan with no credit, your first option would be the Stafford no credit loan. This kind of loan is further divided into two categories namely subsidized and unsubsidized which are based on the financial situation of the applicant. For the students that have severe financial restrictions, the subsidized Stafford loan is the appropriate kind of loan. One must just prepare concrete proof of his financial difficulties and after being approved, the government will shoulder all the interest payments of 5% until the applicant graduated and exceeded the six-month repayment grace period. On the other hand, the unsubsidized Stafford loan is for any student of any financial condition and the applicant will shoulder all the fixed interest payments.
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