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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. Private student loan requirements: Here’s how to qualify - AOL

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

    Private student loans generally have tougher eligibility requirements than federal loans. In addition to age, income and credit score minimums, students must be enrolled at an eligible school and ...

  4. What is a private student loan? - AOL

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

    Private student loans also often have the same grace period as federal student loans, which is six months after graduating, dropping below part-time status or leaving school. They also have a ...

  5. Private student loan (United States) - Wikipedia

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

    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 (which are never ...

  6. Types of private student loans - AOL

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

    Private student loans are a type of personal loan specifically designed to pay for education expenses. These are offered by banks, credit unions, state agencies, universities and online lenders.

  7. Student loans in the United States - Wikipedia

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

    FFELP and private loans are bundled, securitized, rated, then sold to institutional investors as student loan asset-backed securities (SLABS). Navient and Nelnet are two major private lenders. [ 91 ] Wells Fargo Bank , JP MorganChase , Goldman Sachs and other large banks package and sell SLABS in bundles.

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