When you're weighing loan options, start with need-based loans such as Perkins loans or subsidized Stafford loans. These usually have the best terms.
Expert Advice
"When comparing aid offers, look at both quantity and quality. Figure out quantity by adding up how much each college is giving you and what you must pay. Figure out quality by comparing how much gift aid to the amount of loan and job." Mariko Gomez, Director, Student Financial Aid, Southwest Texas State University
