What types of loans are available?

In South Carolina, there are two types of student loans you can apply for. The first is a Federal Direct Loan, which is a type of loan provided by the US government and offered through the US Department of Education. This loan is available to all undergraduate and graduate students, and it typically has a lower interest rate than private loans. The second type of loan is a private student loan, which you can get from banks or other private lenders such as credit unions. These loans typically have higher interest rates and may require you to have a cosigner, but they may also have additional perks such as variable interest rates or flexible repayment plans. No matter which type of loan you choose, make sure to research each lender carefully to find the best option for you.

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What types of loans are available?

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