An education loan is a kind of financial aid that helps a financially week student complete his education. Unlike student grants and scholarships an education loan needs to be paid back in full and in most cases with interest after the completion of course or before a specified duration.

There are many kinds of student educational loans like the federal student loans (Federal Perkins Loans, Federal Stafford Loans, Federal Parent Loans for Undergraduate students), private institution loans, scholarships, college grants, subsidized loans, unsubsidized loans etc.

Private education loans online

Private education loans to students are offered by many financial institutions, funding companies, banks etc. These private student education loans are not sponsored by the government agencies in any way. Some good websites to refer to get in-depth information about student education loan reviews, consolidation etc are collegeboard.com, student-loan-review.com, collegeboard.com and Borrower101.com