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NextStudent: NextStudent Offers Competitive Incentives to Help Promote Student Loan Borrower Choice
PHOENIX, AZ (MARKET WIRE) The Higher Education Act mandates that colleges cannot require students to fund Federal Family Education Loan Program loans through the preferred lenders suggested by their financial aid offices. Therefore, students and parents should keep in mind that it is their decision when it comes to which company funds their FFELP student loans including the subsidized and unsubsidized Stafford Student Loans and PLUS Loans.