Many students are unable to pay for college and earn a degree due to high tuition costs and related expenses. This has increased the demand for loans that help cover costs. Federal loans are the most popular loan programs as they are easy to apply for and are need based. Student loans without cosigner and no credit requirements include the Stafford loan, the Perkins loan, and the graduate Plus loan. All students are required to do is fill out a FAFSA form online which is free of cost. Federal student loans are given to students who demonstrate a need for financial assistance.