Goal Setting Quiz Links Opinion Poll The majority of students who receive some type of financial assistance for college receive it in the form of a student loan. And, student loans are a viable way for paying for a college education. However, student loans must also be repaid after graduation. So, just as you would shop for an auto loan or a home loan, you will want to shop for your student loan. Typical questions you may want to ask a lender include: What are the interest rates and are you responsible for paying interest on the loan while you are still in college? If you take out more than one student loan, will the lender consolidate all your loans? When would you be expected to begin repaying the loan and how much will your monthly payments be? What type of repayment options are there? Are there any conditions under which your student loan might be forgiven? Can you begin paying on your student loan while still in college? What happens if you leave college before you complete your degree?

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