Direct Student Loans Program
The William D. Ford Direct Student Loans (also called the Direct Loan Program) provides low-interest loans from the U.S. Department of Education to students and parents to help pay for the cost of a student's College education. Following the passage of the Health Education Reconciliation Act of 2010, the Federal Direct Loan Program is the only government backed student loan program in the United States.
Whether you borrow through Direct Loans or not, you may still borrow private student loans from a lender of your choice to help cover education related expenses such as tutors, computers and software, books, and last-minute tuition hikes.
Just Graduated? Direct loan consolidation may be for you!
Direct loan consolidation is a fixed-rate refinancing program that combines all of your existing federal student loans into one master loan. Consolidation is a great way to manage your finances. It can provide immediate payment relief and long-term benefits. Learn more about what a consolidation loan can do for you.
Direct Loan Program
Students and parents should explore our site for helpful information about the Direct Stafford and Direct PLUS loan programs.
Direct Student Loan News
Sep 17 2013
Now that the college rankings season has resumed, it's a good idea to take a deep breath and consider the timely advice offered by Dr. John Tierney in The Atlantic.
Sep 11 2013
Converse College, a small independent women's liberal arts college in Spartanburg, South Carolina, announced that it is cutting its tuition by 43% for the 2014–15 academic year. The one-time tuition reduction or "reset" from $29,124 in the 2013–14 academic to $16,500 in the coming academic…
Read the latest student loan news on Student Loan Network.