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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 the United States, student loans are a form of financial aid intended to help students access higher education. In 2018, 70 percent of higher education graduates had used loans to cover some or all of their expenses. [ 1] With notable exceptions, student loans must be repaid, in contrast to other forms of financial aid such as scholarships ...

  4. Federal student loan rates hit high levels not seen in years ...

    www.aol.com/federal-student-loan-rates-hit...

    The fixed interest rate on federal student loans will climb to 6.53% for undergraduate loans — up from 5.5% last year. The new higher rate applies to Federal Direct Stafford loans for ...

  5. Income-driven repayment - Wikipedia

    en.wikipedia.org/wiki/Income-driven_repayment

    A borrower is a "new borrower" if, when receiving a federal student loan on or after October 1, 2007, the borrower did not have an outstanding balance on another federal student loan. [ 2 ] The Revised Pay As You Earn Plan is available to all Direct Loan borrowers regardless of when the money was borrowed.

  6. All you need to know about the return of federal student loan ...

    www.aol.com/student-loan-payments-resume-oct...

    Any borrower with a direct federal student loan — except parent borrowers or those who are in default on their debt — qualify for the program. Borrowers can sign up directly at StudentAid.gov ...

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

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

    The majority of borrowers who complete their undergraduate degrees — more than 50 percent — take out federal student loans to help pay for school. ... All federal loans will have “Direct ...

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