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Exploring Loan Options and Understanding Grants vs. Scholarships for Education Funding
This chapter delves into alternative education loan choices such as federal, state, and private loans, emphasizing federal loans as a preferred option with post-graduation interest accrual. It also stresses the significance of comprehending repayment plans, interest rates, and credit prerequisites for state or private loan selection, followed by an elucidation on the distinctions between grants and scholarships.