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Types of Loans

Students and parents have a number of loan options, which may be offered as part of your financial aid award, or “package.”

There are two kinds of education loans: Federal loans and alternative (or private) loans:


• Federal Direct Loan  
• Federal Parent (PLUS) Loans
• Federal Perkins Loans
• Federal Nursing Loan
• Federal Direct Graduate PLUS Loan


• Alternative (Private) Loans

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Last Updated: 5/8/12