Your Other Loan Options There are several student loan options from which you may choose from.
The first option you should explore is the federally administered student loans.
Currently, it is a government sponsored enterprise whose main purpose is to ensure the availability of money for mortgage lenders so that affordable home ownership is possible for as many people as possible.
Students can choose from these three plans according to their personal circumstances and preferences.
Federal loans may all be consolidated too, meaning that all your loans are lumped together and you only have to make one monthly payment when in repayment.