Is there interest on student loans?

When a person wants to continue their education by going to college they are going to need to take out student loans to cover the cost. Many may wonder is student loan interest free? While there are many different types of loans the majority of them are not interest free.
The interest rate of a student loan is often calculated by several factors. The inflation rate will play into the cost of internet. The credit rating of the student and their co signed will also have an effect on the amount of interest that a student will be charged. In order to qualify for a student loan the student and their family will have to fill out for financial aid which is known as FASFA. This application will allow a student to look at the different interest rates from student loan provider and find the lowest rate that is available to them.