The Federal Direct Loan Program provides low-interest student loans to post-secondary students (undergraduates and graduate students) and their parents. The William D. Ford Federal Direct Loan Program, managed by the United States Department of Education, is the only government-backed student loan pr...
In June, President Joe Biden's federalstudent loan forgiveness plan– which would have provided up to $20,000 in debt relief to eligible borrowers – was struck down by the U.S. Supreme Court. However, the administration has sinceannouncedseveral new initiatives to...
How to apply: To apply, students will start by filling out the FAFSA. Then, get a financial award letter from your school’s financial aid office. Direct Parent PLUS Loans It’s not just students who can take out federal loans to pay for college. Parents can get a Direct PLUS Loan thr...
A Direct Subsidized Loan is a type of federal student loan that comes with advantages that may be available to undergraduates with demonstrated financial need.
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