Definition of student-loan in English English dictionary
Student loans are loans offered to students to assist in payment of the costs of professional education. These loans usually carry a lower interest rate than other loans and are usually issued by the government. Often they are supplemented by student grants which do not have to be repaid
{i} (Finance) Sallie Mae, United States corporation specializing in buying student loans from lenders and reselling them on the secondary market (helps ensure a constant supply of available funds for student loans)