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Which of the following is an advantage of a federal student loan compared to private loan?Benefits of Federal Student Loans
fixed interest rates for the life of the loan. repayment assistance options (including income-based-repayment)
What are two advantages of federal student loans over private loans?No credit history needed.. No co-signer needed.. Fixed interest rates.. Lower interest rates than private loans.. Interest accrual may begin after college.. Forbearance and deferment options.. A repayment grace period.. Income-driven repayment options.. What are three advantages to federal student loans over private loans?Top 11 advantages of taking out federal student loans before private. They have a fixed interest rate.. You won't need a co-signer.. You'll have the opportunity to consolidate.. There is no prepayment penalty.. |
Which statement best describes how private student loans are different from federal student loans quizlet?
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