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  2. Federal Direct Student Loan Program - Wikipedia

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

    The program replaced the earlier Federal Family Education Loan (FFEL) program which issued "guaranteed loans" — loans originated and funded by private lenders but guaranteed by the government. The FFEL program was eliminated because of a perception that it benefited private student loan companies at the expense of taxpayers, but did not help ...

  3. Student loans in the United States - Wikipedia

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

    The US first major government loan program was the Student Loan Marketing Association (Sallie Mae), formed in 1973. [19] [clarification needed] Before 2010, federal loans included: loans originated and funded directly by the Department of Education (ED) government guaranteed loans originated and funded by private investors.

  4. Federal Student Aid - Wikipedia

    en.wikipedia.org/wiki/Federal_Student_Aid

    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 Loans include Direct Stafford Loans, Direct PLUS Loans, and Direct Consolidation Loans.

  5. National Defense Education Act - Wikipedia

    en.wikipedia.org/wiki/National_Defense_Education_Act

    A further intention of this loan program was to stimulate and assist in the establishment of loan programs at institutions of higher education through the provision of NDSL loans. [8] The NDEA spurred the creation of federal and university funded college loan programs that still exist today. [8]

  6. How long should you keep your student loan records and ... - AOL

    www.aol.com/news/2019-04-12-how-long-should-you...

    Student loan master promissory note (MPN) Whether you borrowed from the Department of Education or a private lender, you agreed to a legally-binding contract outlining how and when you would repay ...

  7. Student financial aid in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_financial_aid_in...

    Federal Perkins Loan (Perkins Loan) Program: This is a school-based loan program for eligible students with exceptional financial need. Students may qualify for a Perkins Loan of up to $8,000 each year depending on financial need, the amount of other aid received, and the availability of funds at the school.

  8. What to know if CornerStone was your student loan servicer - AOL

    www.aol.com/finance/know-cornerstone-student...

    However, refinancing your federal student loans means you lose all your federal benefits, like income-driven repayment, access to forgiveness programs and administrative forbearances. Once ...

  9. Grad PLUS - Wikipedia

    en.wikipedia.org/wiki/Grad_PLUS

    Graduate PLUS is a type of federal student aid, in the form of student loans, which is available to graduate and professional students. [1] Similar to the Parent PLUS loan for parents of dependent undergraduate students, the Graduate PLUS loan is an unsubsidized federally guaranteed education loan with no annual or aggregate limits.

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