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Federal Family Education Loans

Published on AidPage by IDILOGIC on Jun 24, 2005

Administered by:

Purpose of this program:

To encourage lenders such as banks, credit unions, savings and loan associations, pension funds, insurance companies, and schools to make loans to vocational, undergraduate, and graduate students enrolled at eligible postsecondary institutions to help pay for educational expenses. The loans are insured by a State or private nonprofit guaranty agency and reinsured by the Federal government.