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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
Federal Student Aid
Federal Student Aid offers a platform to manage federal student loans and access various repayment options.
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Federal Student Aid
Learn how to manage your student loans, find a repayment plan, understand how to make payments, explore your options, and get help if you've missed payments.
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- Completing and submitting the FAFSA is free and gives you access to the largest source of financial aid for school. You must submit your FAFSA application on time to be considered for fe…
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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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Federal Student Aid
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