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Federal Student Loans are given by the federal government. They are available to any student who files the FAFSA, have the same interest rate for every student, and offer various income-based repayment plans. Private loans come from banks, credit unions, and state-based lenders. They require a credit check, offer an interest rate based on credit score, and have stricter repayment terms. For more information, visit bit.ly/3Vk2Cf6 | MEFA | Facebook
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