Are there federal loans for private elementary school tuition?

Question

Are there federal loans for private elementary school tuition?

Answer 1

This loan has very attractive terms:

    * You'll get lower interest rates compared to other loans.

    * Your interest payments may be paid by the federal government while you're in school.

    * You may not need to make loan payments while you're in school.

    * You get longer repayment terms.

    * You may benefit from flexible credit requirements.

Some schools participate in the Federal Direct Loan Program, where you get loans with the same terms as FFELP loans, but you borrow from the U.S. Department of Education.