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A Federal Stafford loan comes in two different types: subsidized and unsubsidized. In Peoria, each kind of loan applies to most students, irrespective of credit rating. Subsidized Stafford financial loans are for students that are from low income or in need. Using this type of loan, the federal government pays the interest while you're attending college. Unsubsidized student loans are also available to students in need of assistance. Many Illinois individuals have unsibsidized Stafford loans to assist them to pay for their schooling. Are you having to drop out of school since you can't afford tuition? Many universities in Peoria are increasing the price of tuition every semester and it is now more expensive than ever to receive a college degree. However, obtaining a degree is one of the best ways to elevate your future income potential and improve your attractiveness to potential employers. Do not quit school; fund your education with college loans. Call our associates today for details about education loan options available to Peoria students. A Federal Stafford loan is a loan issued by the government to college students at rates that are much lower than other traditional loans. Unlike a number of other student loans in Peoria, a Stafford loan doesn't require you to have collateral or flawless credit. If you stay in college at least part-time, you won't have to make payments on your loan until after you receive your degree. With a slow economy and rising tuition costs, Stafford student loans in Peoria are a great option for struggling college students. A student loan consolidation program in Peoria enables you to lock in low interest rates, bundle your high-interest federal student loans into one low monthly payment, and put more money into the bank. Additionally, Peoria education loan consolidation doesn't require any application fees, origination fees, or prepayment penalties. In most cases, all you will have to do to consolidate your loans is fill out a simple application. Phone our associates right now for more information on student loans and consolidation in Peoria. Because of the current economic depression taking place in the United States, many families are struggling to pay for their child's education. Many families do not have enough money to pay their monthly bills and therefore do not have enough funds to pay pricey tuition fees. Don't let lack of funds hold you back any longer. Allow your child to recognize their full academic potential by attending college and pay for it with student loans. There are many college loans in Peoria that are affordable and are designed just for parents of university students. Call our reps today to find a lender in Peoria.