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Among federal loans, the most common varieties embody:
- Direct Subsidized Loans: Available to undergraduate students with monetary want, these loans do not accrue curiosity while the borrower is at school.
- Direct Unsubsidized Loans: These loans can be found to each undergraduate and graduate college students and accrue interest from the time they're taken out.
- PLUS Loans: For mother and father of dependent undergraduate college students or graduate students, these loans assist cover the remaining costs of train