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    Where and How of Education Loan in America

    The Federal Government has various student aid and loan programs, to help pay for both undergraduate and graduate education, which it helps get at low rate of interests. Here are some of them.

    1. Federal Perkins Loan: This is a low interest loan (5%) and the school is the lender to which you payback. Maximum amount you can draw as an undergraduate is $4000 per year and $6000 per graduate student per year. The total amounts in each case being $20,000 and $40,000 respectively. Barring late charges

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