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  2. Federal Direct Student Loan Program - Wikipedia

    en.wikipedia.org/wiki/Federal_Direct_Student...

    There are four types of direct loans: Direct PLUS Loan: The direct PLUS loan is a federal loan that graduate or professional students and parents of undergraduate students can use to pay for their education. These loans can be used to help pay for education expenses not covered by financial aid. The Direct PLUS loan is not based on financial ...

  3. Student loans in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_loans_in_the...

    The Health Care and Education Reconciliation Act of 2010 (HCERA) ended private-sector lending under the Federal Family Education Loan Program (FFELP) starting July 1, 2010; all subsidized and unsubsidized Stafford loans, PLUS loans, and Consolidation loans are under the Federal Direct Loan Program. [21]

  4. Government-backed loan - Wikipedia

    en.wikipedia.org/wiki/Government-backed_loan

    A government-backed loan is a loan subsidized by the government, also known in the United States as a Federal Direct Loan, which protects lenders against defaults on payments, thus making it a lot easier for lenders to offer potential borrowers lower interest rates.

  5. How to determine whether you have federal student loans - AOL

    www.aol.com/finance/determine-whether-federal...

    All federal loans will have “Direct” in their names, like “Direct Subsidized Loan,” “Direct PLUS Loan” or “Direct Consolidation Loan,” for example. For PLUS Loans, you might see ...

  6. Administration of federal assistance in the United States

    en.wikipedia.org/wiki/Administration_of_federal...

    In the United States, federal assistance, also known as federal aid, federal benefits, or federal funds, is defined as any federal program, project, service, or activity provided by the federal government that directly assists domestic governments, organizations, or individuals in the areas of education, health, public safety, public welfare, and public works, among others.

  7. Federal Student Aid - Wikipedia

    en.wikipedia.org/wiki/Federal_Student_Aid

    All new Stafford, PLUS, and consolidation loans are now administered through the Direct Loan Program. Campus-Based Aid includes types of aid that schools are responsible for administering on behalf of the federal government. Federal Perkins Loans are low-interest loans made through a school’s financial aid office using federal funds ...

  8. Comparing Private Student Loans vs. Federal: Which Is ... - AOL

    www.aol.com/finance/comparing-private-student...

    Direct subsidized loans: ... Not only are federal loans usually less expensive — the current rate is 3.73% — but they offer a bunch of perks and benefits that most private loans can’t match ...

  9. Why Trump wants to end the Department of Education - AOL

    www.aol.com/news/why-trump-wants-end-department...

    A full 60% of the Education Department’s 2024 budget (or $160 billion) went to the Office of Federal Student Aid, which administers Pell Grants, federal direct subsidized loans, federal direct ...

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