Loans
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Loans

 
Loans are money that is borrowed and you must pay back. Loans enable students and parents to borrow money from the federal government, state government, or private lenders. It is important for students and parents to be well informed of the terms and conditions of loans prior to borrowing. Loans offered by the federal government, usually call federal student loans, offer borrowers lower interest rates and have more flexible repayment options that conventional loans. Students may choose to decline or lower the amount of loan offered in your financial aid award package.
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