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student loan

Submitted by on Sun, 07/22/2012 - 21:09
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do they normally disburse the money to the borrower or does it go directly to the school?


Federal loans are originated by the treasury department which is then handed over to the education department. From there it moves to the school and then on to the student. This was till 2010. Now all loans are issued through direct lending programs.


Submitted by on Sun, 07/22/2012 - 23:24

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