If you do not have enough money to pursue a higher education, there is nothing to worry - a number of financial aid programs are available to help you acquire money for college. Fannie Mae loans are one of the most popular financial aid programs that can provide you with funding for tuition and related expenses. These loan programs are well recognized for their low interest rates and flexible repayment options. A Fannie Mae loan can be a great financial aid option for those who belong to low income families. You can get a loan and repay it once you graduate.