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What is the purpose of direct loan?
A direct loan is a student loan that is made to the student directly by the federal government, which then subsidizes the interest on the loan while the student is in school. A direct loan is not a consolidation loan, neither for student loans or for people who have general debt. Direct loans are made to those who are determined eligible based on need, which is determined by FAFSA (www.fafsa.ed.gov). Keep in mind that student loans, once consolidated, are no longer "student loans" and as such are no longer eligible for any of the benefits of a student loan.
Are direct loans a smart choice?
A direct loan is a student loan that is made to the student directly by the federal government. There is no secondary lender in the middle of the transaction. A direct loan is not a consolidation loan, neither for student loans or for people who have general debt. Direct loans are made to those who are determined eligible based on need, which is determined by FAFSA (www.fafsa.ed.gov). Keep in mind that student loans, once consolidated, are no longer "student loans" and as such are no longer eligible for any of the benefits of a student loan.
Can I get direct loans servicing for student loans?
Direct loan servicing is available for student loans. The following website provides additional information: yesiamcheap.com/2011/03/hate-direct-student-loan-servicing/
How does one go about obtaining a direct loan?
An individual(student) may obtain a direct loan by filling out an application and sending it to the Federal Student Aid(FSA).
What is a direct student loan and how would you apply for one?
It is student loan provided to a student in college. When you apply for finial aid you can also apply for a student loan then, your college will have lender set up.
Where can one get a refinancing student loan?
There are three ways one can get a refinancing student loan. These places include a student's current lender, a local bank, and the U.S. Department of Education's Direct Loan Program.
What is a federal direct plus loan?
The Federal Direct Student Loan program is loan given to students in the United States. If you feel that you are in need of the perfect loan, then maybe this is the right one for you since it is a government loan.
What is the best federal student loan program?
There are many federal student loan programs to choose from. They include Federal Perkins Loan, Federal Direct Subsidized Loan, Federal Student PLUS Loan, etc. When it comes to deciding which is the best, it depends on one's circumstances.
Does ACS offer student loan consolidation?
ACS does not offer student loan consolidation anymore since July 2010. All consolidations should be made through the Direct Loan Program. You can find other useful information on Federal Direct Consolidation Loan website.
Where can the current student loan rate be obtained?
A student can obtain the current student loan rate from websites online such as FinAid or Direct Ed or the New York Times. Googling current student loan rate would be a good place to start.
What companies offer a consolidated student loan?
Many different companies offer consolidated student loans. Some examples of these companies include Loan Approval Direct, Next Student, and DebtConsolidation.
What is a low interest loan funded by the us department of education that eligible student may take out to pay for college?
Direct Stafford loan right for apex learning
