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Direct loans are federal student consolidation loans. The government pays off your various student loans, then you pay the government directly, one payment each month. This is very convenient, for rather than making several payments each month for your student loans, you just make one, right to the Department of Education.
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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.
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What does DLSTFD loans mean?
Direct Subsidized Stafford Loan
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Where can one find information on direct loan payments?
One can find information about direct loan payments on various websites like Direct and StudentAid. Both websites offer a great amount of information about all kinds of loan payments, including about direct loan payments.
What are the benefits of an FHA home loan?
One of the benefits of an FHA loan is that the payments are the same for the duration of the loan. One can have a low credit score and still be able to obtain an FHA loan.
What are influence factors and benefits of direct invest?
what are the factor and benefits of direct investment
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.
How do you get a copy of your 2012 direct loan w2?
To get a copy of your 2012 direct loan W2, you will need to contact the bank where you took the loan out. They will be able to give you the W2.
What interest rates are associate with a direct loan?
There are different interest rates associated with a direct loan. It really depends on the loan that you are wanting and when you plan on paying it back.
How can someone apply for a direct loan?
A direct loan is a type of loan that students can take out to pay for college. To apply for this loan, you need to fill out a FAFSA form. The information will be sent to your school where it will be decided whether you qualify for the loan.
