federal loans
State-backed borrowing money
Federal loans are loans issued or guaranteed by the federal government rather than private lenders.
Most commonly refers to student loans: She paid off her federal loans after ten years.
Federal loans typically offer lower interest rates and more flexible repayment options than private alternatives.
The term also applies to government-backed business, housing, and agricultural loans.
- college fundingResources financing university attendance
- FAFSAFederal aid application form
- grace periodsTime before consequences begin
- loan servicerManages repayment on borrowing
- student aidFinancial support for education
amortization · disbursement · forbearance · compound interest · bill · interest rate · Pell Grant · subsidized · form · loan forgiveness · public service · debt relief · default rate · consolidation · cosigner · repayment · government · tuition
- economic developmenteconomic development, jobs, rural development, urbanization, job creation
- Education Fundingschool funding, education grants, Pell Grant, Title I, grant programs
- government debttreasury bonds, government bonds, sovereign debt, war bonds, savings bonds
- Federal Assetsnational forests, national monuments, national archives, national labs, military bases
federal loansprivate loans
Non-federal borrowed funds
commercial loans · bank loans · payday loans · peer-to-peer lending · private lending
federal loansfederal grants
Government-allocated public funds
Pell Grants · scholarships · grants · federal subsidies · free money