Planning for your studies, get a student loan to pay for your education. A student can get a loan either from a government called a federal or Stafford Loan or through a private sector back or lender called Private Loan or A PLUS Loan low-rate loans for parents of students.

Stafford Loan:

• Stafford Loans are low-cost educational loan sponsored by the federal government.
• Stafford Loans have low interest rates and do require a credit check.
• They are easy to be paid back and gives you an extended repayment terms.
• They are a great way for you to obtain the extra aid you need in order to meet college expenses. 

The Stafford Loan is available to you if:

• You must be a U.S. citizen or permanent resident.
• Full or half-time undergraduate or graduate student.
• Enrolled in a college or university.
• Making satisfactory academic progress, as determined by school.
• Have no unresolved defaults on federal educational loans. 

If you are unable to get a stafford loan, then dont be disappointed - you have the choice of private loans. 

Private loan: 

• Private loans provide supplemental funding when federal loans or the other financial aids don't cover the full cost of your education. 
• Private loans are provided by Banks or other financial institutions.
• These loans are not sponsored by government agencies.
  

PLUS Loan: 

• A PLUS Loan (Parent Loan for Undergraduate Students) are low-rate loans for parents of undergraduate students.
• With a PLUS loan, parents can fund the entire cost of the students or can help you when you need additional funds to finance your child's education like books, supplies, living
  expenses, tuitions or rooms. 
• PLUS Loans are popular because of their flexible credit requirements, low interest rates and easy application.