Word: low-interest
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...revenue from the card will be used for the Presidential Scholars fund, a $14-million Summers initiative to support increased financial aid and low-interest rate loans to graduate students. Summers has also used savings from central administration cutbacks to fund the initiative...
...from the working-class suburb of Shahriar. Four years ago, he asked his girlfriend to marry him. Once he started tallying what they would need for rent, food and a ceremony, however, he realized he didn't earn enough to support two. Then he discovered that the government offers low-interest marriage loans that can be paid back over a long period. Billboards in Tehran advertise various forms of government loans, all with low interest rates. Agricultural loans go for 11% interest and can be invested in a bank for an 18% return...
...President Summers has provided an extensive opportunity now to take on low-interest loans. That’s great,” McGaw said...
...options, from state schools that charge only about $3,000 per semester to high-profile universities like Stanford, Yale and Harvard, where a year can cost over $30,000. But many schools offer financial assistance, study grants or work-study programs, and most students end up taking out low-interest loans to pay part of the cost. England already has the highest public-university tuition costs in Europe - €1,600 per year. But the percentage of British young people going to university has more than doubled over the past decade, without a corresponding increase in university budgets...
...every student applying for financial aid, the federal government awarded funds in the 2000-01 academic year for the low-interest Perkins loan program in the amount of $169.23 for Brown, $174.88 for Dartmouth and $211.80 for Stanford, according to the study...