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In higher education, the process by which colleges and universities are reviewed by independent third parties and deemed to have met specific standards.In order for an institution to be eligible for Title IV funding (part of the Higher Education Act of 1965), they must be reviewed and accredited by one of the regional accreditation agencies.Be sure to understand these important terms as you review your financial aid options.For additional information on some of these topics, and how they impact your choices, please visit our Student Loan Resources.
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