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The level of difficulty in obtaining a loan from the Department of Education depends on the circumstances. It is mostly dependent on the person's financial history, if you have bad credit it could be difficult.

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Q: How hard is it to obtain a loan from the Department of Education?
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How does a US Department of Education Consolidation Loan work?

A US Department of Education Consolidation Loan works by allowing students who have at least one student loan held by ED and at least one commercially held FFEL program loan to take out a special loan. One who wants a US Department of Education Loan must apply by the deadline.


How does the Department of Education effect loan consolidation?

The Department of Education determines which students are eligible for a loan consolidation. One can apply onto their website to see if they are eligible.


How can an unsubsidised student loan be obtained?

To obtain an unsubsidised student loan, an application must be made to the U.S. Department of Education using the FAFSA form. This form is available from the Federal Student Aid website.


How can one get a Department of Education student loan?

To get a Department of Education student loan, you must first complete the Free Application for Federal Student Aid (FAFSA). This application will determine your eligibility for federal financial aid, including loans. Once you have completed the FAFSA, the Department of Education will send you a financial aid offer that may include federal student loans. You can then accept the loan and proceed with the necessary paperwork and agreements.


How does the Department of Education assist college students with student loan consolidation?

The department of Education assist College students with loan consolidation by giving advice, being references for worthy students and helping with individual needs.


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Virtually impossible.


What is a Direct Consolidation loan?

A direct consolidation loan is made when a person has multiple loans (from education, College, University,) to pay off, so combines it in to a single loan that is then made to the U.S. Department of Education.


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Where can one obtain information on student loan consolidation?

You can obtain information on student loan consolidation from the U.S. Department of Education's Federal Student Aid website, your loan servicer, or financial aid offices at your school. These resources can help you understand the process, options available to you, and eligibility criteria for consolidation.


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


How does Federal student loan forgiveness work?

You can go to the Department of Education web site and research the information you are requesting