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Financial Aid from the U.S. Department of Education
Your Federal Student Loans: Learn the Basics and Manage Your Debt (Working Draft)
This booklet covers what you should consider when you're planning on borrowing money to pay for your education, from deciding how much to borrow to repaying successfully. You'll learn what types of federal student loans are available, the difference between private and federal student loans, how much to borrow, the consequences of default, and repaying successfully.
If you have feedback on the content of this working draft, click on Ask Aid Awareness. The final version will be laid out, printed and posted after comments are incorporated in the publication.
If you have any questions, or require additional information on repaying your student loans, you may contact the Federal Student Aid Information Center.
Federal
Federal Student Aid Information Center
1-800-4-FED-AID (1-800-433-3243)
This is a toll-free number.
Last updated/reviewed February 14, 2008
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