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Direct loansThe William D. Ford Federal Direct Loan Program (aka the Direct Loan Program) is a federal program where the school becomes the lending agency and manages the funds directly, with the federal government providing the loan funds. Not all schools currently participate in this program. Benefits of the program include a faster turnaround time and less [..]
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Direct loansA new federal program where the school becomes the lending agency and manages the loan funds directly, with the federal government providing the loan funds. Not all schools currently participate in th [..]
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Direct loansA batch of loans, including Stafford, Plus and consolidation loans, supported by the William D. Ford Federal Direct Loan Program that allows students and parents to borrow directly from the U.S. Depar [..]
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Direct loansLoans (subsidized and unsubsidized Stafford loans, PLUS loans and consolidation loans) offered under the William D. Ford Federal Direct Loan Program, where the federal government acts as the lender and guarantor.
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Direct loansLoans which are managed directly through the school, but which are obtained by the school through a lending agency. This is a new program which is only offered by select schools. Disbursement
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Direct loansa federal loan program established by the Student Loan Reform Act of 1993 that provides loans directly to students from the federal government at a variable interest rate. You pay an origination fee o [..]
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Direct loansLoans, both subsidized (need based) and unsubsidized (non-need based), guaranteed by the federal government and available to students to fund education.
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Direct loansThe William D. Ford Federal Direct Loan Program (aka the Direct Loan Program) is a federal program where the school becomes the lending agency and manages the funds directly, with the federal governme [..]
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Direct loansStudent loans offered under the Federal Direct Loan program. The federal government is the lender for these loans.
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Direct loansA federal Direct Loan is a federal student loan made directly by the U.S. Department of Education. Generally, if you took out a federal loan or consolidated your loans after July 1, 2010, you have a federal Direct Loan. You can learn more about what type of loan you have through the National Student Loan Data System (NSLDS).
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Direct loansFederal loans made directly through the Department of Education to a student or parent borrower rather than through a bank or other lender. All federal student loans are Direct Loans as of 7/1/2010.
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Direct loansCertain institutions are provided federal government funds to use as direct loans for students. This is referred to as “Direct Lending.” If a student attends a school that is a Direct Lender, the st [..]
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