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The William D. Ford Federal Direct Loan Program (also called FDLP, FDSLP, and Direct Loan Program) provides "low-interest loans for students and parents to help pay for the cost of a student's education after high school.
Parent Plus loans -- also known as a Direct PLUS Loan -- are issued by the federal government and let parents of dependent students borrow funds to help pay for a student's college or career ...
Parents may also borrow to pay education expenses for dependent undergraduate students. Federal Stafford Loans are made to students and PLUS Loans are made to parents through the William D. Ford Federal Direct Loan (Direct Loan) Program: Eligible students and parents borrow directly from the federal government at participating schools. Direct ...
The FAFSA, which opens annually on Oct. 1 for the school year beginning the following calendar year, is used to determine eligibility for federal student aid as well as many forms of state and ...
An education loan is a loan taken out by the student (or parent) to pay for educational expenses. Unlike scholarships and grants, this money must be repaid with interest. Educational loan options include federal student loans, federal parent loans, private loans, and consolidation loans.
Federal student loans limit the amount you can borrow. Limits range from $5,500 yearly for a first-year financially dependent student to $20,500 for graduate and professional students. Private ...
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