Federal Perkins Loans

Need-based,

limited-allocation loan program

Federal Stafford Loans

The largest federal

student loan program

Federal PLUS Loans

Parent Loan for

Undergraduate Students

S.C. Teachers Loan /

Career Changers Loan

For students interested in

pursuing teaching careers.

Alternative Loans

Last-resort,

alternative loans

Stafford Loan

during in-school and grace periods

5.60%  fixed  

Stafford Loan

during repayment

6.80% fixed  

PLUS Loan

during repayment and deferment

8.50% fixed  

On May 7, 2008, the Ensuring Continued Access to Student Loans Act (ECASLA) was signed into law, thus creating the PUT Program.  This legislation authorizes the U.S. Department of Education to purchase federal student loans from lenders to ensure on-going liquidity and availability of funds for student loans.  The purpose of this program is to provide lenders with the means to continue offering student loans to students.  click on this link to access an FAQ provided by EdAmerica

Federal Stafford Loan Cancellation for Teachers

Students may be able to cancel up to $5,000 of their Federal Stafford Loans if they are teaching in a low-income school and they are a "new borrower."  Find information and eligibility requirements at the site provided above.

Nursing Education Loan Repayment Program (NELRP)

This Program offers registered nurses substantial assistance to repay educational loans in exchange for service in eligible facilities located in areas experiencing a shortage of nurses.  Information and eligibility requirements are available at the site provided above.

Money Smart-A Financial Education Program

The Money Smart Computer-Based instruction (CBI) is a friendly and easy to use learning tool that teaches the 10 modules of the Money Smart curriculum through a computer.  These modules include credit counseling, credit reports, budgeting, mortgage counseling, debt management, etc.

AIE-Adventures in Education

AIE offers short videos on credit card smarts, reading a credit card statement, credit reports, etc.

You Can Deal With It

AES offers resources to students regarding budgeting, estimating your loan payments, grace period, interest savings, debt repayment, consolidation, etc.

Hands on Banking

WellsFargo offers this interactive website entitled "Hands on Banking" that provides young adults with tips on budgeting, savings, credit counseling, etc. website.