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  2. Private student loan (United States) - Wikipedia

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

    Direct-to-consumer private loans do not involve the school. The student supplies enrollment verification to the lender, and the loan proceeds are disbursed directly to the student. While direct-to-consumer loans generally carry higher interest rates than school-channel loans, they allow families access to funds more quickly — in some cases ...

  3. 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

  4. Student loans in the United States - Wikipedia

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

    Direct-to-consumer private loans were the fastest-growing segment of education finance. The "percentage of undergraduates obtaining private loans from 2003–04 to 2007–08 rose from 5 percent to 14 percent" and was under legislative scrutiny due to the lack of school certification. [20] [21]

  5. Federal Direct Student Loan Program - Wikipedia

    en.wikipedia.org/wiki/Federal_Direct_Student...

    The Direct PLUS loan is not based on financial need, but credit is necessary. Eligibility is determined by the school and once the student has signed, he or she has entered into a legally binding agreement to repay all the loans. In a parent PLUS loan, the parent can authorize the school to use the loan for other educationally related charges ...

  6. Pros and cons of private student loans - AOL

    www.aol.com/finance/pros-cons-private-student...

    Federal student loans are usually best, but you may still need private loans.

  7. Types of private student loans - AOL

    www.aol.com/finance/types-private-student-loans...

    7. Refinanced student loans. Several private financial institutions offer refinance student loans, which are private student loans that are used to consolidate your existing student loans ...

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