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  2. Federal Perkins Loan - Wikipedia

    en.wikipedia.org/wiki/Federal_Perkins_Loan

    A Federal Perkins Loan, also referred to as a Perkins Loan, was a need-based student loan offered by U.S. Department of Education from 1958 until 2017. [1] Created as part of the Federal Direct Student Loan Program , the Perkins Loan served to assist American college students fund their post-secondary education .

  3. Private student loan (United States) - Wikipedia

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

    Most lenders assign interest rates based on 4-6 tiers of credit scores. [further explanation needed] The underwriting decision is complicated by the fact that students often do not have a credit history that would indicate creditworthiness. As a result, interest rates may vary considerably across lenders, and some loans have variable interest ...

  4. Student financial aid in the United States - Wikipedia

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

    Federal Perkins Loan (Perkins Loan) Program: This is a school-based loan program for eligible students with exceptional financial need. Students may qualify for a Perkins Loan of up to $8,000 each year depending on financial need, the amount of other aid received, and the availability of funds at the school.

  5. 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. 4.19% to 16.69% fixed

  6. Federal student loan rates just hit their highest point in ...

    www.aol.com/finance/education-department-unveils...

    The U.S. Department of Education’s newly announced federal student loan interest rates for the 2024-25 academic year broke longstanding records. Experts and policymakers alike predicted a jump ...

  7. What is a private student loan? - AOL

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

    Competitive interest rates. Student loan interest rates and loan terms can be incredibly generous for borrowers with excellent credit or a qualified co-signer. If you want to pay as little ...

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