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Receive Your Education For Less

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Anonymous

14y ago
Updated: 9/16/2019

Before applying for a private student loan from a bank, always fill out a FAFSA form on FAFSA.gov first. These Stafford loans have much better rates. The loans are deferred, so students do not have to begin repaying them until six months after graduation. Depending on whether subsidized or unsubsidized loans are accepted, interest may or may not accrue while the student is still in school. Any money that is left over in the loan after paying tuition may be used for books and living expenses. Students also receive free online loan counseling to help them understand what their repayment amounts will likely be.

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Wiki User

14y ago

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