Subsidized (need-based) and Unsubsidized (available to most students). ✅ The Upside
Federal student loans are funded by the U.S. Treasury. They offer fixed interest rates and consumer protections not found in the private market. The U.S. Department of Education. The Student Loan
Your interest rate is locked for the life of the loan. The Student Loan
It is notoriously hard to wipe student debt in bankruptcy. The Student Loan
Unsubsidized loans grow from the day they are disbursed.
There are strict annual and aggregate caps on how much you can take out.
Granted via the FAFSA (Free Application for Federal Student Aid).