College Loans in West Virginia

Posted on 20 February 2010

The biggest hurdle which student face while planning for college is the student loans for their college education. There is no need to get confuse in West Virginia because you can get comprehensive information regarding student loans from West Virginia Higher Education Policy Commission (WVHEPC).

You can find following information on WVHEPC website:

  • Latest news about financial aid
  • College planning tools
  • Resources for lenders and schools
  • State loans from West Virginia state and financial aid programs
  • Federal Student Loans

    College Loans in West Virginia


First Choice Federal Student Loans

The major reason for opting federal loans first is that they are the most affordable loans. Its Stafford Loans are one of the most popular and most disbursed loan in whole united states, with so much beneficial features like no credit check, low interest rate, low fees and almost every student qualify for some level of aid on Stafford’s. Second reason is that number of other student loan requires you to have applied first for federal student loans.


How to Apply for Federal Loan?

Just follow the three under mentioned steps for applying for Federal Loans:

  1. Just access the Free Application for Federal Student Aid (FAFSA) through WVHEPC website.
  2. Complete the FAFSA and file it before its two deadlines. FAFSA filing deadline you can know from your college or university and you must file it as early as possible.
  3. Be sure that you complete the FAFSA fully. If you face any difficulty while filling it, then you can get assistance from your high school guidance counselor or college admissions professional. They all are trained for that and they can help you for that.

State Sanctioned Alternative Student Loans

The Medical Student Loan is an incentive based loan program. This is a low cost alternative loan specifically designed for grad students that are studying in medical field.

To qualify for this loan you must have to enrolled on one of the leading medical programs in the state that include Marshall University School of Medicine, West Virginia University School of Medicine and the West Virginia School of Osteopathic Medicine.

You can avail up to $10,000 annually after your federal loans are paid out.

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