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The best education loan available is the federal Stafford Loan. There are two types of Stafford loans: subsidized and unsubsidized. You can find out more about Stafford loans and why you should use federal student loans in this previous college blog post of mine:
Supplemental Loans. Supplemental loans are education loan funds that can be obtained in addition to the financial aid package offered by Wheaton College. The Financial Aid Office works with the student and family to determine the best options for their particular situation.The two main types of supplemental loans are Direct PLUS Loans which are federal funds borrowed by the parent and private âAlternativeâ loans.upplemental Loans. Supplemental loans are education loan funds that can be obtained in addition to the financial aid package offered by Wheaton College. The Financial Aid Office works with the student and family to determine the best options for their particular situation.