How Do Student Loans Work?

Last updated February 29, 2024

Many college students take out loans to pay for their education. However, because there are terms and conditions that come with student loans, such as interest and applicable fees, it's important to know exactly what you're signing up for. Here’s an overview of student loan options and what borrowers should know about each.

Click the image to download it to your device!

Have any questions about student loans? Text #College to 33-55-77 to chat with one of our advisors. If you're using a mobile device, click here to have the text message set up for you!

Get to College

FAFSA

Applying for Grants & Fellowships

See the whole series

Let Get Schooled help you achieve your goals

Financial Aid: Common Terms & Definitions

Here are some important financial aid terms and definitions you'll likely come across during the college application process.

The Best Scholarship Websites For Finding Money

Ready to start your scholarship search? Here's a list of some trusted websites that can connect you to great scholarships!

States With State-Based Financial Aid For College

If you’re ineligible to complete the FAFSA, it’s important to know that some U.S. states offer their own state-based aid to help pay for college. Here’s a list of states that offer financial aid for undocumented/DACA students!

Applying to College as an Undocumented Student

Here's what to know about applying to college as an undocumented student.