Loans are a great way to meet college costs when you have exhausted other means like scholarships and savings. However, keep in mind that whenever you borrow money, you will pay back more than you receive. When it comes to college loans, the four variables that most significantly affect cost are interest rate, whether loans are subsidized or not, loan fees, and repayment options. Consider federal loans first, as they will almost always offer more favorable terms than alternative, or private, loans. Be sure to investigate the details of any loan you are considering and borrow only what you need. Visit our Education Loan center for comprehensive information about loans and links to online loan applications. Note that this link will take you out of the EasyPlanner tool.