How to choose a student loan to get the money you need for college or grad school

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How to choose a student loan to get the money you need for college or grad school
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Student loans come in two types: federal and private

. Compare your options and terms before choosing a loan, then choose the one with the most favorable terms and find out when you first payment is due. Visit Business Insider's homepage for more stories. If you're in need of funding for college, first look at any scholarships, grants, and family support available. On its website, the US Department of Education recommends accepting"free money first , then earned money , then borrowed money .

. Compare your options and terms before choosing a loan, then choose the one with the most favorable terms and find out when you first payment is due. Visit Business Insider's homepage for more stories. If you're in need of funding for college, first look at any scholarships, grants, and family support available. On its website, the US Department of Education recommends accepting"free money first , then earned money , then borrowed money .

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