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Perkins
Perkins
Financial aid is determined on a need based formula. In many instances there are students who's family income is too high to be considered for financial aid. Thus, there is the option of the student loan. However, unlike the financial aid grants, the loan must be paid back. Hopefully, someone with an expertise in financial aid will add to this, and give you a better or more informed answer.
There are actually many government loans that are available for students. These include the Stafford Loan and the Perkins Loan, both for students in exceptional financial need.
There are many types of student loans available to help students meet their financial obligations. Some loan sources will not require repayment of the loan, while others will come with a high interest rate for repayment. Many schools offer financial counselors to help guide students through the loan application process, and to answer questions about the various types of academic loans.
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Students can find information on school loan refinancing from the official government webpage. Alternatively, one should seek advice from a financial expert.
Yes, financial aid is available. Student loans such as the PLUS loan are available for all new and returning students.