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Federal Loans
Chela Education Financing provides affordable FFELP (Federal Family Education Loan Program) loan products to qualified undergraduate students, their parents and to graduate students with interest rate savings you won't find anywhere else:
The Federal Stafford Loan is one of the most cost-effective ways to finance your higher education. This low-interest federally insured loan is available to both graduate and undergraduate students.
The Federal PLUS Loan for parents of Undergraduate Students and for
Graduate/Professional students offers a practical alternative to dipping into savings or investments in order to finance education-related expenses, such as tuition, books, room and board..
In most cases, when applying for federal loans (Stafford or PLUS), students and their families must first complete the Free Application for Federal Student Aid (FAFSA). Your school's financial aid office determines the types and amounts of federal loan funds you may borrow based on the information you provide in the FAFSA.
If your federal aid package doesn't cover all your education expenses, Chela can help by providing affordable Private Loans.
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