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.
Private Student Loans
Find, compare and apply for a private student loan. Helpful tools allow you to compare major lenders and calculate your loan payments.
Direct Student Loan News
Stafford interest rates still in limbo
On Tuesday, the Senate voted on the future of Stafford Loan interest rates. The rates for subsidized loans are currently at 3.4%, but without action from the government, will jump to 6.8% come July 1, 2012. A majority of 60 votes were needed to pass…
Skipping class costs how much!?
It's 7:30 on a monday morning and your alarm clock goes off. You turn it off and roll over for 5 more minutes of sleep. When you finally roll out of bed and look at the clock, it's 11:30 and you've missed your class. Not…
Read the latest student loan news on Student Loan Network.
