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11 Best Banks to Refinance Student Loans

This program provides federally insured, low interest and long-term loans to students or parents to help cover the costs of attending college. The federal government is the lender (not a bank or any other financial institution) and makes the loan directly to the student or the parent through the college. Direct Loans are either subsidized or unsubsidized. Repayment on the student's loans begins six months after graduation, termination of attendance, or when you register for less than six credits while in attendance. Repayment on Parent Loans for Undergraduate Students (PLUS) begins after the first check disbursement. More Info