I want to take out a student loan for a large amount, which one is good?

First off have you filled out your FAFSA form yet? Are you interested in credit based loans or need based loans?

Federal Student Loans, like the Federal Perkins Loan and Federal Stafford Loan, are need based loans not credit based loans. This means that instead of pulling your credit, you fill out the Free Application for Federal Student Aid and this determines the maximum amount you are eligible for.

There are also Private Student Loan options, which are credit based loans, but these carry with them a higher interest rate most times and do not have the same benefits as Federal Student Loans. For more information on Federal Student Loans please visit the source below.

Federal Student Loans hold some of the lowest interest rates when it comes to Student Loans. They also come with a number of Federal Benefits, some of which include: Unlimited in school Deferment, Federal Subsidies on certain loans, and Deferment and Forbearance options once you graduate from school.

I want to take out a student loan for a large amount, which one is good?

American Education Services (AES)