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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. The lender is the U.S. Department of Education ... rather than a bank or other financial institution." [1] It is the largest single source of federal financial aid for ...
In the United States, student loans are a form of financial aid intended to help students access higher education. In 2018, 70 percent of higher education graduates had used loans to cover some or all of their expenses. [1] With notable exceptions, student loans must be repaid, in contrast to other forms of financial aid such as scholarships, which are not repaid, and grants, which rarely have ...
The Higher Education Loan Authority of the State of Missouri, also known as the Missouri Higher Education Loan Authority or MOHELA is one of the largest holders and servicers of student loans in the United States. Its headquarters are in St. Louis, Missouri .
How to improve your credit with student loans Your credit score represents your creditworthiness, affecting everything from interest rates on credit cards to your ability to rent an apartment. If ...
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 ...
In this “Life Hacks” video, Tesha McMillon, founder and president of The Higher Education Literacy Provider (H.E.L.P), breaks down repayment plans and how to manage student loan debt.
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