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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.
Borrowers with William D. Ford Federal Direct Loan (Direct Loan) Program and federally owned Federal Family Education Loan (FFEL) Program loans are eligible.
William David Ford (August 6, 1927 – August 14, 2004) was a U.S. Representative from Michigan and namesake of the Federal Direct Student Loan Program.Ford was known for his support of workers and educational opportunity.
The phrase is an umbrella term for four specific repayment plans that are available within the William D. Ford Federal Direct Loan Program (FDLP, FDSLP, Direct Loan) and the Federal Family Education Loan Program (FFEL). The four plans are: Income-Based Repayment (IBR) Pay As You Earn (PAYE)
Hold William D. Ford Federal Direct Loans (Direct Loans) Are or were on an Income-Driven Repayment (IDR) plan Are in the Public Service Loan Forgiveness (PSLF) program
On the heels of President Joe Biden officially extending the student loan payment moratorium until August 31 -- claiming it "will help Americans breathe a little easier as we recover and rebuild a...
The following types of federal financial aid are available to graduate and professional students. Aid for these students is primarily loans. The William D. Ford Federal Direct Loan (Direct Loan) Program: Eligible students may borrow up to $20,500 per school year.
The Biden administration's plan to forgive up to $20,000 in federal student debt per borrower has not gone well, to put it mildly. Legal battles continue to delay the loan forgiveness program from...
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