Treat your student loan like any other financial transaction — shop around for the best deal before making your decision.
You can use Bankrate's student loan marketplace to compare interest rates and repayment terms from many of the country's top lenders. Explore your options by checking out at least two or three potential lenders.
3. Get input before deciding.
Talk it over with your family and guidance counselor. If you have friends already in college, ask them for recommendations on getting a student loan. Find an online forum and see what your peers are saying.
When you're ready, you can apply for your student loan online — quicker and easier than you might think — and get the money you need for college.