A key component in your college plans is financial aid. Unless you’re independently wealthy student loans are a must. If you’re a resident of Hawaii or looking to study in Hawaii there are two options available for reliable student loan information.
The University of Hawaii is a system of 10 campuses, a combination of the state universities and the community colleges. All of them offer assistance with the Federal Family Education Loan program and many help you find private or alternative loans, as well.
SMS Hawaii is the state sanctioned student loan guarantor. When you borrow federal loans through SMS you actually directly borrow from one of their “participating lenders.” You’ll find very affordable federal loans, including the Stafford Loan for which SMS pays the standard loan origination fee.
Regardless of where you choose to go to college, your first step in the financial aid process should be completing the Free Application for Federal Student Aid (FAFSA). Federal college loans include:
Two student loan mistakes many students make :
Be smart, fill out the FAFSA and qualify for Federal loans first.