Key Bank has a long history of offering student loans. The most popular loans offered are federal student loans. Federal subsidized and federal unsubsidized are both offered. Many students take out both to meet their educational needs. Subsidized allows you to attend school without acquiring interest on your loans while you are in school. Unsubsidized still acquires interest, but you can decide if you do or do not want to pay this interest while you are in school. Both of these options require no monthly payments until six months after you graduate.
Federal loans have unique advantages and should be used before private loans. Everyone qualifies for federal student loans and these loans have reduced rates and loan forgiveness programs.
With the cost of college skyrocketing, many students find that federal loans do not cover all of their expenses. Private loans are often an option for paying the additional expenses that are left after federal loans have been applied.
The Key Alternative loan is a private loan option for students who still have expenses after using federal loans. These loans allow you to borrow anywhere from five hundred dollars to one hundred and twenty-five dollars. A student must be enrolled in college at least half-time to qualify. These funds will be sent right to the school so they can be applies directly to your student expenses. These loans are unlike federal loans because they rely on a strong credit history to qualify.
Another private loan option offered by Key Bank Student Loans is the Achiever Loan. This loan is for parents who wish to help their children with college expenses. This loan application is easy and can be completed online.
The Career Loan is a private loan option for undergraduate or graduate students. This loan is geared toward students who go part-time or take night classes. This non-traditional student loan is perfect for a lot of students with unique circumstances.
Just do a little research on these loan options that are offered by Key Bank and you will find the combination of loans that are right for you. Your campus financial aid office will be able to give you more information on Key Bank Student Loans or you can look up Key Bank on the Internet. Many loan option are available to meet many needs. Every student has different needs and for that reason each student may need a different combination of loans to meet their educational goals. Check into different loan programs to be sure that you are getting the best possible loan for your situation. There are loans out there for everyone today. Higher education is more possible than ever before because of the unique loan programs that are available today.
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