Think you're maxed out on Federal student loans? Don't worry!

If you're maxed out on subsidized loans, you may still be eligible for unsubsidized Federal loans or vice versa. If you have not yet maxed out both Federal aid options, fill out a Free Application for Federal Student Aid (FAFSA) form to see what other financial aid from your school, such as scholarships or grants, you may still be eligible for.

According to the Federal Government, subsidized and unsubsidized Federal loans have annual limits which increase with each year in school, ranging anywhere from $3,500 to $10,500 a year depending upon your student status.

There are also lifetime limits for subsidized and unsubsidized Federal student loans, from $23,000 for dependent students all the way up to $138,500 for graduate students (even higher for medical students).

If you have maxed out your limits on Federal student loans (both subsidized and unsubsidized), you have the option to apply for private student loans through student loan companies like www.onesimpleloan.com, for example. Many students turn to private student loans because they can be used to pay for virtually all college-related expenses, including tuition, books, laptops, commuting and living expenses, etc. In addition, unlike traditional consumer loans, private loan interest may be tax-deductible; be sure check with your tax advisor for details.

You see, there are always options available to apply for and get the money you need for all your college-related expenses...so don't worry!