Preparing for the cost of college may be one of the hardest choices you will ever have to budget for in your life. Should you choose a federal loan or a private loan? Is a combination appropriate? The decision can be overwhelming.

The Department of Education provided a comparison graph of Federal vs. Private Loans. The chart shows the different benefits of student loans. Everything from interest rates, payment options, loan forgiveness, and more. 

Comparing Federal and Private Student Loans

For more information regarding loans, please feel free to contact the Office of Financial Aid or visit us at Bear Central located in the Campus Commons.