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Understanding Student Loans

To cover this massive expense, students and families use student loans to help finance post-secondary education costs including tuition, room and board, books, and additional living expenses.

When shopping for private student loans, it’s important to make sure you keep in mind each private student loan provider has its own set of terms, rates and eligibility requirements that vary, unlike a typical federal loan. Also know that applying with a co-signer can greatly improve your chances of qualifying.

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