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Other Loan Options for Families
To help families meet the cost of higher education, long-term loans are offered by various financial groups whose sole function is to make lower-interest loans for education.
While the particular terms may vary somewhat from group to group, loans of up to $30,000 per year are generally available at an interest rate tied to the prime rate. Repayment can be extended up to twenty years, depending upon the program and the amount borrowed.
Kenyon College participates in a number of educational loan programs not based on financial need that you and your family may wish to consider.