About Education Loans/ In Bound - Out Bound
Education Loans are loans designed for students to help them borrow money for financing post-secondary education, college, university or other educational related expenses such as tuition, books and supplies, and living expenses. It may differ from other types of loans in the fact that the interest rate may be substantially lower, and the repayments are often deferred while the borrowers are in school and for a six-month grace period after graduation.
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