Browsing: Loans

Type of loan Loan limit Direct Unsubsidized Loan $20,500 annually (lifetime max of $138,500, including federal undergraduate loans) Grad PLUS loan Up to the cost of…

Pros No application, processing, origination or brokerage fees Capped interest rates Long repayment terms Cons Prepayment penalties Collateral or personal guarantee is typically required Slow application…

Dividing debt in a divorce isn’t always straightforward—especially when it comes to student loans. Whether the loan was taken out before or during the marriage, or…