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Jun 6, 2011 . But while some private loan rates look appealing, you should never sign up for one until you've maxed out on federal student loans. And even .

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Mar 29, 2010 . Others took out private loans before maxing out on their federal student loans, which typically offer lower interest rates than private loans.

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FinAid | Loans | Private Student Loans
As a general rule, students should only consider obtaining a private education loan if they have maxed out the Federal Stafford Loan. They should also file the .

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Federal vs. private student loans
Apr 17, 2010 . If you've maxed out your federal student loan options and need to cover the gap, you may want to consider a loan from a private institution.

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Dec 28, 2011 . The problem is that students take out sizable loans to pay for tuition to . bridge the gap for families who have maxed out federal loan limits.