What are the Advantages of Stafford Loans VS Perkins Loans ?

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ADVANTAGES OF STAFFORD LOANS OVER PERKINS LOANS

  • The government will pay the interest for the student while the student is in the school.
  • If you manage to pay off the loan before you leave the school, then no interest will be charged

These loans are also called as subsidized loans

PLUS LOAN

This is very expensive as the interest charged is even higher than that of the unsubsidized loans. These loans can be taken by parents of the dependant students.

There are other types of loans which you can consider-

In this article

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