Loan Question

Paying for College
1

<p>OK, i have a question about loans.
What are the different types of loans? What is they system of returning them?
Is there interest?
Or are there any loans that can be returned in installments? Are the amount and time for paying installments fixed before hand?</p>

<p>What if when offered FinAid from Universities, i want to accept grants/scholarships but reject the loans. What do I do then
Can anyone guide me?</p>

<p>Thanks a lot</p>

2

<p>bump (1o char)</p>

3

<p>[FinAid</a> | Student Loans](<a href=“Your Guide for College Financial Aid - Finaid”>Student Loans - Finaid)</p>

<p>If you don’t want loans- you can indicate that on FAFSA- but they are not going to increase your grants- just because you don’t want loans</p>