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Because stop asking questions. The US government is watching you.

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Q: Why were direct loans named after William d ford?
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Can you convert private student loans to Stafford Loan Program Federally Insured Student Loan Perkins Loan Auxiliary Loans to Assist Students Supplemental Loans to Students William D. Ford?

No. Why would the government want to insure or subsidize a private loan?


Did Ford take any bailout loans?

No, they took no money.


Did ford motor company receive a loan from federal government?

They received no loan, like the General Motors and Chrysler companies. However, they did receive government backed loans in the United States, plus direct tax benefits and loans from other countries like the United Kingdom and Russia. (Autoblog's source: Wall Street Journal)


Federal Direct Stafford Loans?

For many students looking to attend a post-secondary institution, the mountainous costs of attendance and tuition can seem to be insurmountable obstacles; however, due to federal and state loan programs, students can borrow easy, affordable money. One such program initiated by William D. Ford called the Direct Stafford Loan was created for the sole purpose of providing students with affordable, low-interest loans to facilitate attendance to an institution of higher education. Direct Stafford Loans can be either subsidized or unsubsidized. Direct Subsidized Loans are primarily for students with a need for financial assistance, which the school reviews by looking at the Free Application for Federal Student Aid (FAFSA). Subsidized loans do no accumulate interest while in school, and there is a generous grace and deferment periods after leaving or graduating from school. Direct Unsubsidized Loans, on the other hand, are not given in conjunction with financial need, and interest accrues during school and periods of grace, deferment, and forbearance. Students can choose to pay off this interest during school, or allow it be capitalizedor added to the total loan amountwhich will increase the total amount needed to be paid. To apply for Direct Stafford Loans, students must complete the FAFSA, which can be found online at www.fafsa.ed.gov, as soon as possible. Schools will then look at a student's eligibility on an individual basis. Although Stafford Loans are issued by the U.S. Department of Education, not all institutions accept them. For dependent undergraduate students, the maximum amount that can be borrowed from the Stafford Loan Program for four years is $31,000; for independent students, this number is raised to $57,500. Graduate students may borrow a total of $138,500. For undergraduate students borrowing between July 2011 and June 2012, the interest rates are fixed at 3.4%, compared to 6.8% for graduate students. Rising debt for graduates has risen drastically, leaving many people unable to repay these loans. Although students should make sure they need a loan before accepting it, Direct Stafford Loans are much more affordable than other outside, private loans, and should be chosen as a first option if loans are a necessity for paying for college.


What happens when you can not pay your student loan and have a civil action taken against you?

I am assuming at this point you are in default on your student loans? I suggest you call your student loan servicer and try to get your loan in a forebearence due to economic hardship. Another option is to call the William D. Ford Company and see if they can assist you in consolidating your loans, which would take them out of default and then defer payments until you are able to pay on them.

Related questions

Are chase student loans better then ford direct loans?

Chase student loans and Ford direct loans are very similiar. Depending on the student's needs, either or is best. For a clearer view on the difference between the two, I suggest calling both Chase and Ford, and speaking to them about your needs, and see which is best for you.


Did Henry Ford have a brother named Bob Ford?

No, his brothers were Robert and William.


Did Henry Ford have a dad named Bob Ford?

NO. His fathers name was William Ford. He was sometimes called Bill.


Can you convert private student loans to Stafford Loan Program Federally Insured Student Loan Perkins Loan Auxiliary Loans to Assist Students Supplemental Loans to Students William D. Ford?

No. Why would the government want to insure or subsidize a private loan?


What Ford car is the successor to the escort?

The direct succesor to the Ford Escort is the Ford Focus. The direct succesor to the Ford Escort is the Ford Focus. The direct succesor to the Ford Escort is the Ford Focus.


Is the Ford car company named after Gerald Ford?

No..It was named after founder Henry Ford.


Did the name a car after Gerald Ford?

Yes, Ford The Car Was Named After Gerald Ford - named after his surname ford.


What was the names of Henry Fords children?

Henry Ford had one son, Edsel Ford, who went on to become president of the Ford Motor Company. Henry Ford and his wife, Clara, also had a daughter named Josephine, who was known as "Dodge" within the family.


Is William Clay Ford Jr.married?

William Clay Ford Jr. is married


When was William Ford - prospector - born?

William Ford - prospector - was born in 1852.


When did William Ford - prospector - die?

William Ford - prospector - died in 1932.


When did William Donnison Ford die?

William Donnison Ford died in 1833.