Federal Direct Student Loan Program
From Wikipedia, the free encyclopedia
| US Student loans |
| Regulatory framework |
|---|
| Higher Education Act of 1965 US Dept of Education FAFSA Cost of attendance |
| Distribution channels |
| Federal Direct Student Loan Program FFELP |
| Loan products |
| Perkins · Stafford PLUS · Consolidation Loans |
The William D. Ford Federal Direct Loan Program is a United States Department of Education program that markets, originates, and disburses loans for higher education (including Stafford, Perkins, and PLUS loans). Usually referred to as "direct," the terms of its loans parallel those offered through the complementary Federal Family Education Loan Program (FFELP), though FFELP providers have more flexibility to offer incentives and discounted rates.
