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

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

    Federal student loans. Private student loans. Interest rates. 5.50% to 8.05% for loans disbursed before July 1, 2024. 6.53% to 9.08% fixed for loans disbursed after July 1, 2024

  3. What is a private student loan? - AOL

    www.aol.com/finance/private-student-loan...

    Private student loans can help cover any funding gaps for college — ideally, after you've exhausted your federal loan eligibility and applied for grants and scholarships. Private loans have ...

  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. How to choose a private student loan for college

    www.aol.com/finance/choose-best-private-student...

    6. Consider borrower options. Parents who want to help their student pay for college can take out private student loans. This can be a helpful option, especially for parents who have good to ...

  6. Student loans in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_loans_in_the...

    In the United States, student loans are a form of financial aid intended to help students access higher education. In 2018, 70 percent of higher education graduates had used loans to cover some or all of their expenses. [1] With notable exceptions, student loans must be repaid, in contrast to other forms of financial aid such as scholarships ...

  7. Student financial aid in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_financial_aid_in...

    An education loan is a loan taken out by the student (or parent) in order to pay for educational expenses. Unlike scholarships and grants, this money must be repaid with interest. Educational loan options include federal student loans, federal parent loans, private loans, and consolidation loans.

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