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  2. Federal vs. private student loans: What’s the difference? - AOL

    www.aol.com/finance/federal-vs-private-student...

    Federal and private student loans are two options that students can use to pay for college when other forms of aid fall short. While federal loans are only available through the federal government ...

  3. How to refinance your student loans in 5 steps - AOL

    www.aol.com/finance/refinance-student-loans-5...

    Pros. Lower interest rate: Most people refinance to get a lower interest rate. Getting a lower rate means you could pay less interest over the loan term if you don’t extend your repayment term.

  4. Private student loan (United States) - Wikipedia

    en.wikipedia.org/wiki/Private_student_loan...

    Private student loans. A private student loan is a financing option for higher education in the United States that can supplement, but should not replace, federal loans, such as Stafford loans, Perkins loans and PLUS loans. Private loans, which are heavily advertised, do not have the forbearance and deferral options available with federal loans ...

  5. Why so few banks refinance student loans - AOL

    www.aol.com/finance/why-few-banks-refinance...

    SoFi started strictly as a student loan refinance company but received approval from federal regulators in early 2022 to become a national bank. The online bank offers loans as low as $5,000 with ...

  6. Student loan - Wikipedia

    en.wikipedia.org/wiki/Student_loan

    A student loan is a type of loan designed to help students pay for post-secondary education and the associated fees, such as tuition, books and supplies, and living expenses. It may differ from other types of loans in the fact that the interest rate may be substantially lower and the repayment schedule may be deferred while the student is still ...

  7. Sallie Mae - Wikipedia

    en.wikipedia.org/wiki/Sallie_Mae

    SLM Corporation (commonly known as Sallie Mae; originally the Student Loan Marketing Association) is a publicly traded U.S. corporation that provides consumer banking.Its nature has changed dramatically since it was set up in the early 1970s; initially a government entity that serviced federal education loans, it then became private and began offering private student loans.

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