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  2. Federal Direct Student Loan Program - Wikipedia

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

    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. The lender is the U.S. Department of Education ... rather than a bank or other financial institution." [ 1]

  3. Student loans in the United States - Wikipedia

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

    In 2021, student loan servicers began dropping out of the federal student loan business, including FedLoan Servicing on July 8, Granite State Management and Resources on July 20, and Navient on September 28. [41] According to Sallie Mae, as of 2021, 1 in 8 families are using private student loans when federal financing doesn't cover all college ...

  4. Student loans: One-time payment adjustment of $39 billion ...

    www.aol.com/finance/student-loans-one-time...

    July 14, 2023 at 1:54 PM. On Friday, the Department of Education announced that it will begin discharging student loan debts for borrowers who’ve been in repayment for 20-25 years under a one ...

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

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

    Federal. Private. Interest rates. Fixed, set every year by Congress. Fixed or variable, set by each lender. When you start paying. After a six month grace period once you graduate; when you drop ...

  6. FAFSA - Wikipedia

    en.wikipedia.org/wiki/FAFSA

    Federal Direct Unsubsidized Loan - Part of the Federal Direct Student Loan Program, Federal Direct Unsubsidized Loans are not need-based, meaning that nearly all students are eligible to receive them. Unlike Federal Direct Subsidized Loans, Direct Unsubsidized Loans accrue interest the moment they are applied to a student's tuition account.

  7. What Is President Biden’s SAVE Plan for Student Loan ... - AOL

    www.aol.com/president-biden-save-plan-student...

    There’s still a path to something like partial student loan forgiveness with the SAVE plan. If your original loan amount was $12,000 or less, your debt will be forgiven after you’ve made 120 ...

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