Find Reliable Student Loans for Alabama Students

Finance College with Affordable Government Programs

The student loan business can leave you scratching your head when it comes to college preparation. If you are a student in Alabama and serious about finding accurate information on financial aid then consider checking out Alabama Commission on Higher Education (ACHE) and the Kentucky Higher Education Assistance Authority (KHEAA). These agencies work in tandem to deliver comprehensive information and programs for college-bound Alabama students.

  • Federal loans for Alabama students
  • State loans for Alabama students
  • Scholarships and grants for Alabama students

In the last couple of years the student loan industry has changed drastically. Now it’s up to you, both students and parents, to apply for funding and then choose the borrower that best matches your needs.

Study Up on Alabama Student Loans

KHEAA should be a first stop in your preliminary financial aid planning. The site has been redesigned recently to be very user-friendly and intuitive. It’s jammed with valuable information you need to know when planning for college:

  • Find out about the various types of colleges and universities in Alabama
  • Get valuable tips for applying for student loans
  • Lay out your financial strategy with online loan calculators

Here is a sample of the student loan programs you have available to you as an Alabama student resident or a student attending an Alabama college or university.

Alabama College Loan

The premier state-sanctioned loan program is the Alabama College Loan Program. Through the state you may apply for the federal loans. The biggest benefit is that when you apply through the state you are privy to some of the lowest cost loans available.

  • Stafford Loan
  • Parent PLUS Loan
  • Graduate PLUS Loan

All of these feature low fees and a couple of nice interest discounts.

Students and parents—make sure to complete the Free Application for Federal Student Aid (FAFSA) every year. Biggest mistake is made in thinking you don’t qualify for aid.

Alabama Nursing Loan-to-Scholarship Program

This unique loan converts to a scholarship when the nursing student commits to working in Alabama following completion of an approved nursing program. Innovative loan repayment programs like these are used to help shore up nursing vacancies within critical need medical facilities across the state.

For more information on Alabama’s student loan programs visit the Alabama Commission on Higher Education and the KHEAA.