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- Student loans12:
- Pay for college and related costs (tuition, fees, books, living expenses).
- Two types: federal and private.
- Type of loan affects interest rate, repayment options, and consumer protections.
- Can come from federal government or private sources.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Student loans are a type of installment loan that pay for college and its related costs, including tuition, fees, books and living expenses. There are two types—federal and private—and the type of loan you receive dictates how your interest rate is calculated, your repayment options and the consumer protections available.www.forbes.com/advisor/student-loans/When you apply for financial aid, you might be offered loans as part of your school’s financial aid offer. A loan is money you borrow and must pay back with interest. Student loans can come from the federal government, from private sources such as a bank or financial institution, or from other organizations.studentaid.gov/understand-aid/types/loans/ - People also ask
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Check out our student loan forgiveness page for information about other types of loan forgiveness and discharge. You never have to pay for help with your student loans. Learn how to avoid student loan forgiveness scams.
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Get help finding the best student loan, a smart repayment plan or your quickest path to loan forgiveness — and, find options if you're having trouble.
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Apr 17, 2024 · Learn about the types, interest rates, repayment options and borrower protections of federal and private student loans. Find out how to apply for student loans and what they can be used for.
Student Aid - Important Announcement
Federal Student Aid (FSA) is your federal loan provider. FSA uses servicers (private companies) like MOHELA to manage billing, questions, and payments, and to help you enroll in the best repayment plan for you.
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Aidvantage is here to help you better understand and manage repayment of your federal student loans. Log in to explore repayment options, manage your payments, and get answers to your student loan questions. Borrower defense …
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