All loans made by the U.S. Department of Education require you to complete the Free Application for Federal Student Aid (FAFSA). Schools that receive information from your FAFSA will be able to tell you if you qualify for federal student loans. Almost every American family qualifies for federal student loans.

For private student loans, you might first consult your local credit union or bank, if you or your family holds an account there. You should also consult your school’s financial aid office to see if they have any lenders who offer special rates to their students.