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1). Federal Perkins Loan By : Jason Hahn
The Federal Perkins Loan used to be known as National Direct Student Loans (NDSL). This loan is the regarded as the best of the federally subsidized loans, and is given to students who are in high financial need. Currently, the interest rate is at a low 5%.
Perkins loans are made to students and do not require a parent to cosign. The student is required to begin repayment after they graduate, leave college, or qualify for half-time student status.
Article Related to: student loan, federal perkins, federal plus, grants, scholarships
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