Not all college students are fortunate enough to have parents who can support their higher education financially. College education is expensive, and the funding your education should be considered carefully. A brief discussion of Federal Student Loans and Private Student Loans.

PLUS student loans create a financial obligation for the Parent, to fund and pay back moneys borrowed for a son or daughter’s college education. PLUS student loan cancellation is possible within the first 120 days, read your promissory note for details.

Steve wanted to know how to get a copy of his Federal or Private student loan promissory note, so that the National Guard could start to pay off his loans.

Federal and Private Student Loan programs are different in many ways. While college students can benefit from both sources of financial aid, it’s important to know the differences between the two to avoid confusion after completion of your education.

FAFSA is the free federal application form for financial aid, which is generally the first step to apply for college financial assistance. Federal student financial aid deadlines generally run from July 1 of the current year to June 30 of the next calendar year. Free FAFSA application forms are available online at Fasfa.Ed.Gov web site.