Types of Federal Student Loans…Explained
/College students who apply for financial aid are likely to receive an aid package that includes at least some federal student loans. There are three types of federal loans that could be listed on the financial aid award: Direct Subsidized Loans, Direct Unsubsidized Loans and Direct PLUS loans. It is important to understand the differences between these three types of loans in order to decide if you want to accept them.
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