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The Ohio State University
Loans are a form of financial aid that many students use to help meet any cost of attendance that is not covered by their scholarship and grant awards or personal resources. There are a variety of loan programs for which you can be considered. When thinking about loans, keep in mind that, unlike grants and scholarships, loans accrue interest and must be repaid either while you are attending school, after you graduate, or after you withdraw from the university. It is important to understand the loan programs available so you can make informed decisions about how much loan money you should borrow, if any, and which loan programs are best for your needs.
Read about debt management before you borrow!