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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.
What else can I help you with?
What is the purpose of loan protection?
The purpose of loan protection is to protect and insure that the loan is covered. This protects the owner of the loan meaning they will not lose money.
What does DLSTFD loans mean?
Direct Subsidized Stafford Loan
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 differences between a Federal Perkins Loan and a Direct Subsidized Loan?
The main difference between a Federal Perkins Loan and a Direct Subsidized Loan is the entity that provides the loan. The Federal Perkins Loan is offered by the school itself, while the Direct Subsidized Loan is provided by the federal government. Additionally, the interest on a Direct Subsidized Loan is paid by the government while the borrower is in school, whereas interest on a Perkins Loan begins accruing immediately.
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 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 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.
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.
Are all consildated federal loans considered direct loan consolidations?
No. The vast majority are FFELP. If your lender is anyone other then DIRECT LOANS you do not have a Direct Loan.
Can you get a payday loan with a insight prepaid direct deposit card?
can. you get a heyday loan with a insight prepaid direct deposit card?
Is a uncns loan considered a direct loan?
Yes, an unsecured (uncns) loan is considered a direct loan. In a direct loan, the borrower receives funds directly from the lender, without any intermediary. Unsecured loans specifically do not require collateral, meaning they are based solely on the borrower's creditworthiness and ability to repay.
Can you avail for multi purpose loan even if you still have unpaid calamity loan?
A multi purpose loan is not able to be availed for if a calamity loan is unpaid. The loanist be paid off before another loan can be availed for.
