Admissions Expertise What kinds of loan terms should students be looking for? Students are limited on the amount of Stafford & Perkins Loans, so while they're in school the terms are fixed. Private loans require a co-signor, and graduate students' loans terms are also fixed. After graduation it's payback time. Want to see all of Reecy's expertise? Click here to see full profile Want to see more expertise in Paying for College? Click here to see all expertise