All Topics > Financial Services > Direct Loans >

Direct Loans South Carolina

If you're applying to college or currently attending college, you or your parents may be eligible for a direct loan. The following article explains what these loans are and how you can get one.

Local Companies

Sunset Finance of Aiken
(803) 641-0419
1608 Richland Ave W
Aiken, SC

Bank of America
(803) 532-3848
138 E Columbia Ave
Leesville, SC

Advance Today
(864) 268-5523
2854 Wade Hampton Blvd
Taylors, SC

Southtrust Bank
(803) 733-5515
Columbia, SC

Checkmax
(843) 275-9847
105 E Liberty St
Marion, SC

Bank of America
(843) 946-3235
1207 Highway 17 N
Surfside Beach, SC

Credit Central
(864) 591-1446
601A John B White Sr Blvd
Spartanburg, SC

Checkmax
(864) 224-4106
302 Pearman Dairy Rd Ste B
Anderson, SC

McKellar Check Cashing
(843) 673-1721
358 N Cashua Dr
Florence, SC

Bank of America
(864) 271-5912
1927 Augusta St
Greenville, SC

Provided by:

Click here for more content from HowToDoThings.com

If you're applying to college or currently attending college, you or your parents may be eligible for a Direct Loan. These are government loans that will help defray the cost of your education. They must be repaid, but they can help people afford an education which would otherwise be unaffordable. If you're considering applying for a Direct Loan, here are some steps to take in the process:

Get to know what a Direct Loan is. A Direct Loan is a loan for students wherein the college gets money directly (no pun intended) from the federal government. Not all colleges participate in this program. Direct Loans for students are usually called Stafford Loans. When the parent of the student takes out the loan, it's called a PLUS Loan. (Note: there's another similar loan called the FFEL Stafford Loan.)
Differentiate between a subsidized or unsubsidized loan. There are two categories of these loans: subsidized loans and unsubsidized loans.

A subsidized loan means you aren't charged interest until it comes time to pay the loan back. You get a subsidized loan if you qualify on the basis of need. The government calculates "need" as what your family can contribute, plus other sources of payment (scholarships, etc) plus Pell Grant Eligibility all subtracted from what it will cost you to attend.

Unsubsidized loans, on the other hand, will cost you interest right from the start until you pay it off in full. You don't need to qualify on a need basis for an unsubsidized loan, rather, you just need to be a regular student (in school to earn a degree or certificate) in an "eligible program" (school that is in the Direct Loan Program) and meet some other eligibility requirements and things like "dependent" vs. "independent" student status.

...

Click here to read the rest of the article at HowToDoThings.com

Author: B. Danesco

Read more about Direct Loans

- Low Rate Auto Loan South Carolina

It is better to buy your car with loans having low car finance rates. Even if you have sufficient cash to buy your car, avoid such purchase and insist on buying through auto loans. There are many different auto companies offering low car finance rates for your car.

- Compare Refinance Car Loans South Carolina
- Unsecured Tenant Loans for Renters South Carolina
- Secured Car Loans South Carolina
- Own a Car with Bad Credit Car Loan South Carolina
- Cheap Student Car Loans South Carolina
- Payday Loans With No Faxing South Carolina
- Used Car Auto Loans South Carolina
- Applying For Government Home Loans South Carolina
- Bad Credit Personal Loans South Carolina

Regional Articles

- Direct Loans Aiken SC
- Direct Loans Anderson SC
- Direct Loans Beaufort SC
- Direct Loans Bennettsville SC
- Direct Loans Bluffton SC
- Direct Loans Boiling Springs SC
- Direct Loans Charleston SC
- Direct Loans Clemson SC
- Direct Loans Clover SC
- Direct Loans Columbia SC
- Direct Loans Conway SC
- Direct Loans Darlington SC
- Direct Loans Dillon SC
- Direct Loans Easley SC
- Direct Loans Florence SC
- Direct Loans Fort Mill SC
- Direct Loans Fountain Inn SC
- Direct Loans Gaffney SC
- Direct Loans Gaston SC
- Direct Loans Georgetown SC
- Direct Loans Goose Creek SC
- Direct Loans Greenville SC
- Direct Loans Greenwood SC
- Direct Loans Greer SC
- Direct Loans Hartsville SC
- Direct Loans Hilton Head Island SC
- Direct Loans Inman SC
- Direct Loans Irmo SC
- Direct Loans Ladson SC
- Direct Loans Lancaster SC
- Direct Loans Laurens SC
- Direct Loans Lexington SC
- Direct Loans Manning SC
- Direct Loans Moncks Corner SC
- Direct Loans Mount Pleasant SC
- Direct Loans Murrells Inlet SC
- Direct Loans Myrtle Beach SC
- Direct Loans Newberry SC
- Direct Loans North Augusta SC
- Direct Loans North Charleston SC
- Direct Loans Orangeburg SC
- Direct Loans Pickens SC
- Direct Loans Piedmont SC
- Direct Loans Rock Hill SC
- Direct Loans Seneca SC
- Direct Loans Simpsonville SC
- Direct Loans Spartanburg SC
- Direct Loans Summerville SC
- Direct Loans Sumter SC
- Direct Loans Taylors SC
- Direct Loans Travelers Rest SC
- Direct Loans Walterboro SC
- Direct Loans West Columbia SC

- Low Rate Auto Loan South Carolina

Related Local Events

RCPL to Host A Christmas Carol
Dates: 12/16/2009 - 12/16/2009
Location: Bostick Auditorium of the Main Library
Columbia, SC
View Details

October 16, 2009 – Diversity Panel / Roundtable Discussion
Dates: 10/16/2009 - 10/16/2009
Location: Midlands Technical College
Columbia, SC
View Details

Charleston Liver Life Walk
Dates: 6/13/2009 - 6/13/2009
Location: Palmetto Islands County Park
Mount Pleasant, SC
View Details

Putting America Back to Work Education and Job Fair - Charlotte, NC
Dates: 6/9/2009 - 6/9/2009
Location: Charlotte Knights Stadium
Fort Mill, SC
View Details

Advertising	Food & Beverage	Nightlife
Business Services	Franchise	Online Database
Career	Health	Pets
Cars	Holidays	Real Estate Resources
Computer Hardware	Home Appliances	Retail & Consumer Services
Construction	Home Electronics	Software
Education	Home Services	Technology
Entertainment	Industrial Goods & Services	Telecommunications
Environmental	Insurance	Trade Shows
Family	Internet	Travel
Fashion	Legal	Weddings
Financial Services	Miscellaneous	World History

Advertising	Family	Home Services	Real Estate Resources
Business Services	Fashion	Industrial Goods & Services	Retail & Consumer Services
Career	Financial Services	Insurance	Software
Cars	Food & Beverage	Internet	Technology
Computer Hardware	Franchise	Legal	Telecommunications
Construction	Health	Miscellaneous	Trade Shows
Education	Holidays	Nightlife	Travel
Entertainment	Home Appliances	Online Database	Weddings
Environmental	Home Electronics	Pets	World History