Sunday, May 13, 2007

SCHOOL LOAN CONSOLIDATION 2008

Risk Options

Many companies helps the students financialy for their studies needs. SLC is a governament support package for the students who were not able to complete their studies because of finacial crunch. Student loan aviliable in so many form. There are loan for parents as well as students. These loan helps the graduate student for higher studies.

Loan Categories:

Parents loan
Student loan

1. Parents loan: Parents would like to make their child litrate or highly qualified but they may dont have money for this nobel cause. Now if a parent take the loan for his or her child then risk will be towards parents not towards student. Parent have to return the loan.

2. Student loan: If student himself apply for the loan then risk belongs to student only. Student have return the loan.