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Canada Student Loans
Canada Student Loans are government-funded financial aids that assist Canadian students in paying for their post-secondary education.
Prime Rate
The interest rate that banks charge their most creditworthy customers, often used as a benchmark for other rates.
Floating Rate Option
An option in a financial instrument that allows for a variable interest rate that adjusts periodically with market conditions.
Grace Period
A set time period after a payment is due during which a late fee is not charged, allowing a short extension for the payment without penalty.
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