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What is a Private Loan?

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What is a Private Loan?

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Private loans are primarily designed to fill the gap between what you have in the form of scholarships, grants, federal loans and any other contributions you are making to pay for education and what you still need to cover the full cost. Private loans can be used to cover all education and education related expenses. That includes tuition, room and board, books, transportation, housing, and supplies.

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