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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. Types of student loans - AOL

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

    Federal. Federal. Federal. Private. Interest rate. 6.53% (2024-25) 6.53% for undergraduates, 8.08% for graduates (2024-25) ... Unlike other federal student loans, parent PLUS loans are taken out ...

  4. Comparing Private Student Loans vs. Federal: Which Is ... - AOL

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

    Not only are federal loans usually less expensive — the current rate is 3.73% — but they offer a bunch of perks and benefits that most private loans can’t match, including:

  5. SoFi Parent Loan vs. Parent PLUS Loan: Which Is the Better ...

    www.aol.com/news/sofi-parent-loan-vs-parent...

    If you’re looking for a student loan to help your child pay for college, you have two options: a private or a federal student loan. SoFi Parent Loan vs. Parent PLUS Loan: Which Is the Better Option?

  6. Federal Direct Student Loan Program - Wikipedia

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

    In a parent PLUS loan, the parent can authorize the school to use the loan for other educationally related charges after tuition and room and board. [11] Direct Subsidized: A direct subsidized federal loan is for eligible students to cover costs at a four year institution, community college, or vocational school. Only students with demonstrated ...

  7. PLUS Loan - Wikipedia

    en.wikipedia.org/wiki/PLUS_Loan

    The repayment schedule for Direct PLUS Loans disbursed on or after July 1, 2008 is the same as the schedule for Stafford loans. [1] [2] However, for Direct PLUS Loans first disbursed before July 1, 2008, the repayment period begins at the time the PLUS loan is fully disbursed, and the first payment is due within 60 days after the final ...

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