Monday, December 28, 2009

STUDENT LOAN

Student loans are loan offered to students to assist in payment of the costs of professional education. These loans usually carry a lower interest rate than other loans and are usually issued by the government . Often they are supplemented by student grants which do not have to be repaid.

Each year over 200,000 Americans study abroad and nearly 600,000 international students come to the USA to study. However, studying abroad often requires financial assistance for extra expenses such as travel, accommodations and materials, which can make it a greater financial commitment.

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