What are federal loans for bootcamps?
Federal loans for bootcamps are financial aid options provided by the government to help students pay for their education in non-traditional programs.
How do I apply for these loans?
To apply for federal loans, you need to fill out the FAFSA form, which determines your eligibility for financial aid.
Are there specific bootcamps that qualify for federal loans?
Yes, only accredited bootcamps that meet certain criteria are eligible for federal loans. It's important to check their accreditation status.
What are the repayment terms for these loans?
Repayment terms vary, but generally, you have a grace period of six months after graduation before you need to start repaying the loan.
Can I get federal loans if I have bad credit?
Yes, federal loans do not require a credit check, so you can still qualify even with bad credit.
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