Direct Loan and FFEL Tools
There are 2 forms of Federal student education loans accessible to college bound students:the Federal Direct Loan system while the Federal Family Education Loan program. Both are fundamental aspects of a effective aid strategy that is financial.
Federal student education loans must be the very first rung on the ladder you take within the aid process that is financial
- The Direct Federal Loan system is administered through the U.S. Department of Education whom additionally acts as lender for the system.
- The Federal Family Education Loan Program, or FFEL, includes the Stafford Loan (both in subsidized and unsubsidized versions), the PLUS Loan and Federal Direct Consolidation Loan. FFEL makes Federal loans feasible through private loan providers. Continue reading How exactly to submit an application for federal student education loans