Understanding Student Loan Refinancing: Meaning, Benefits & Key Factors

Avanseglobal27 Feb, 2025Business

Student loans are designed to assist with tuition fees and living costs. While tuition fee loans cover the cost of the course and are paid directly to the educational institution, maintenance loans help with living expenses, such as accommodation, food, and travel. At times, the loan terms, interest rate or additional charges can be too much. In such a scenario, student loan refinance solutions come to the rescue.