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• An extension of credit from a financial institution that is guaranteed by a Federal or State government entity to assist with tuition and other educational expenses. The government entity is responsible for paying the interest on the loan and paying the lender to manage it. The government entity also is responsible for the loan if the student defaults.

  National Credit Union Administration - Cite This Source - This Definition
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  Cite Definition for Guaranteed Student Loan

  American Psychological Association (APA)

  Guaranteed Student Loan. (n.d.). Pocket Cents Glossary. Retrieved February 1, 2023, from website: http://www.expertglossary.com/definition/guaranteed-student-loan.

  Chicago Manual of Style (CMS)

  Guaranteed Student Loan. www.mycreditunion.gov. Pocket Cents Glossary. National Credit Union Administration. http://www.expertglossary.com/definition/guaranteed-student-loan (accessed: February 1, 2023).

  Modern Language Association (MLA)

  "Guaranteed Student Loan." Pocket Cents Glossary. National Credit Union Administration. 1 February. 2023 http://www.expertglossary.com/definition/guaranteed-student-loan.

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