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2. Student financial aid in Canada - Wikipedia

   en.wikipedia.org/wiki/Student_financial_aid_in...

   The Canada Student Loan Program (sometimes referred to as the National Student Loan) is administered by National Student Loan Service Centre [6] a part of Human Resources and Social (Skills) Development Canada (HRSDC). Students have the choice of opting for a fixed interest rate of prime interest rate, or a floating interest rate.

3. How to calculate interest on a loan: Tools to make it easy

   www.aol.com/finance/calculate-interest-loan...

   You can calculate your total interest by using this formula: Principal loan amount x Interest rate x Loan term in years = Interest. For example, if you take out a five-year loan for $20,000 and ...

4. Federal Direct Student Loan Program - Wikipedia

   en.wikipedia.org/wiki/Federal_Direct_Student...

   The William D. Ford Federal Direct Loan Program (also called FDLP, FDSLP, and Direct Loan Program) provides "low-interest loans for students and parents to help pay for the cost of a student's education after high school. The lender is the U.S. Department of Education ... rather than a bank or other financial institution." [1]

5. Student financial aid in the United States - Wikipedia

   en.wikipedia.org/wiki/Student_financial_aid_in...

   An education loan is a loan taken out by the student (or parent) in order to pay for educational expenses. Unlike scholarships and grants, this money must be repaid with interest. Educational loan options include federal student loans, federal parent loans, private loans, and consolidation loans.

6. Student loans in the United States - Wikipedia

   en.wikipedia.org/wiki/Student_loans_in_the...

   As of 2021, approximately 7.8 million Americans from 18 to 25 carry student loan debt, with an average balance of almost $15,000. [64] For adults between the ages of 35 and 49, the average individual balance owed exceeded $42,000. The average debt for adults between 50 and 61 is slightly lower.

7. Student loan - Wikipedia

   en.wikipedia.org/wiki/Student_loan

   A student loan is a type of loan designed to help students pay for post-secondary education and the associated fees, such as tuition, books and supplies, and living expenses. It may differ from other types of loans in the fact that the interest rate may be substantially lower and the repayment schedule may be deferred while the student is still ...