Types of Credit: Understanding Student Loans

If you are a student pursuing higher education, then this elearning course, Understanding Student Loans, will help you make the best decision on how to finance your schooling. In this course we’ll look at various types of student loans, review how grants and scholarships work, and walk through the process of completing a Free Application for Student Aid (FAFSA). We will review the four federal loan types, who qualifies for them, and how they are repaid. Finally, we will discuss options if you don’t qualify for federal loans and discuss what you need to know about making payments.

Part of our series on Types of Credit, the Understanding Student Loans course includes a video lesson, downloadable student materials and a short online quiz to check your comprehension.