If you've exhausted all your free sources of college funds, such as scholarships and grants, and self-help sources such as part-time jobs aren't enough, it may be time to explore student loans.

Debt isn't necessarily a bad thing if it lets you get a higher education. Recent studies show that college graduates can expect to earn an extra $1 million during their careers compared with those who have only a high school diploma. Another long-term benefit of a loan is that you build a credit history. By showing you can handle your loan responsibly, you will improve your chances for getting credit later on. And the interest rates for student loans are way more affordable than the rates you'd pay for most credit cards.

Fast, Easy Private Loans
College expenses such as tuition, books, room and board, transportation, and a computer can add up quickly. If you find that you need additional money for education-related expenses, you can take out a private—sometimes called alternative—loan. A private loan can cover the entire cost of your education (less other financial aid). Learn more about the private loans Chela offers through Nelnet, or apply now.

Federal Loans for Students
Low-cost Federal Family Education Loan Program (FFELP) loans from Chela are another smart source of education funding. FFELP loans for students include subsidized and unsubsidized Stafford Loans.