Georgia student loans are not based solely on need and can help you pay your way through college without worry.

When you start looking beyond high school toward a continued education or if you are an adult who is seriously considering returning to college, the first concern you probably have is that the cost of school is overwhelming. As a high school student, you know that there are scholarships and grants available, but these don't fulfill the need, and as an adult, you feel you have fewer options. However, most states offer student loans through special programs that are much less costly than borrowing from a traditional institution, and the state of Georgia is no different. Georgia student loans are not based solely on need and can help you pay your way through college without worry.

The state-sanctioned entity that is the source of most information and loan opportunities through the state is the Georgia Student Finance Commission. It works closely with the state government to disburse federal funds and manage the accounts between lender and borrower. Georgia student loans are typically going to be low interest with long-term repayment options and are alternatives to loans through high-end private loans that you would obtain directly from a bank or big business.

The special and plan set forth by the GSFC is the GACollege Alternative Loan. It is available to a wide range of borrowers and can help students get the financing necessary to continue on to college, including adult students. With this loan, you will still be submitted for a credit check, just as you would with a standard high-end loan. If you have no credit history, you will most likely need a co-borrower who has a low debt-to-income ratio so that there is a better chance of qualifying for the loan, especially at a low interest rate.

The GACollege Alternative Loan can be customized to your needs, deferring payments until after you complete your degree program or paying interest only until up to six months after graduation. You can borrow up to $25,000 so that you can finance your education and get on your way to a career. By making the interest-only payments, you'll save money in the long run and build up a good credit history of on-time payments that could even lead to a reduction in your interest rate.