There are four types of federal student loans available:

  • Direct subsidized loans.

  • Direct unsubsidized loans.

  • Direct PLUS loans.

  • Direct consolidation loans.

Understanding the Types of Federal Student Loans

Best Private Student Loans:

  • College Ave – Best Overall.

  • Sallie Mae – Best for Graduate Students and Non-degree Granting Schools.

  • Credible – Best for Parents.

  • SoFi – Best for No Fees and Discounts.

  • Ascent – Best for Borrowers Without a Cosigner.

  • LendKey – Best Marketplace.