Direct Student Loans

If your school participates in the Federal Direct Loan Program you are required to borrow a Direct Student Loan from your institution. Contact your school's financial aid department or call the Direct Loan Program at 800-848-0979 for more information.

Whether you must borrow a Direct Student Loan or not, you may still borrow a private student loan from a lender of your choice to help cover education related expenses such as tutors, computers and software, books, and last-minute tuition hikes.

Federal Student Loans

Federal student loan programs

The Federal Stafford Loan program has a low, fixed interest rate and offers full deferment.

Private Student Loans

Private student loan programs

Private student loans can cover up to cost of education with no payments until after graduation. [a]

Direct Student Loan News

Save By Consolidating Student Loans

Jul 3 2008

If you're a recent college graduate, repaying your variable-rate student loans is about to become less expensive. The same is true for parents who...

Save By Consolidating Student Loans

Jul 3 2008

If you're a recent college graduate, repaying your variable-rate student loans is about to become less expensive. The same is true for parents who borrowed to pay college bills.

[a] For the Student Loan Network Direct to Student Loan, repayment will begin no later than 60 months (5 years) after the loan is disbursed.