There are limits on how much a student can borrow through federal student loans, so many students also have to obtain private loans from financial institutions.

Name: There are limits on how much a student can borrow through federal student loans, so many students also have to obtain private loans from financial institutions.
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Question

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Federal student loans have annual and total borrowing limits, which may not cover the full cost of education, leading students to seek additional funding through private loans.

There Are Limits on How Much a Student Can Borrow