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Federal Stafford Loans

Stafford Subsidized Loans - Government pays interest while you are in school.

Stafford Unsubsidized Loans - The student is responsible for interest during school.

Your loan balance will be the sum of all loans including any unpaid interest during the in-school, grace, and deferment periods. You are allowed up to ten years to pay off your loans. A minimum monthly payment of $50 is required. Click here to find the interest rates on student loans. http://studentaid.ed.gov

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Parent Plus Loans

Current interest rate of 7.9%

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Federal Perkins Loans

Interest rate is locked in at 5%.

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