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Federal Family Education Loan Program. This program offers Stafford, Parent and Grad PLUS, and Federal Consolidation loans. The loans are made by private lenders and insured by the federal government.

Your eligibility for these loans, and how much you can borrow, is determined by your school's financial aid office, using the data from your FAFSA.

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17y ago

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Related Questions

What issues will the FFELP help with?

The FFELP can help with loan consolidations and deferments for when the time comes to start repaying that loan making it easier with monthly payments. It can also help with repayment issues with prepaying the loan at anytime and having repayment options available.


Can you consolidate your defaulted student loans if your tax refund was garnished?

In the US, it depends on whether your loans are with DIRECT or FFELP. If you have FFELP loans, you are eligible to consolidate. If you have direct loans and have never consolidated before, then you are eligible. If you previously consolidated your FFELP loans, then you may be eligible to reconsolidate. If you previously consolidated your Direct loans, then you are not eligible to consolidate again. If you need help getting out of default, click on the link at the bottom of this text box.


For Federal student aid what is a direct lending school?

A school that participates in the Direct Lending program. 80% of school participate in the FFELP instead.


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.


Are CFS student loans competitive?

CFC loans was acquired by Chase in 2006. Collegiate Funding Services (CFS) is a leading college student loan provider and servicing agency. Students apply directly for the Fedral Family Education Loan Program (FFELP) loans or for a private student loan.


What's the best loan plan for schools?

Choosing the right repayment plan for your student loans is your first step toward meeting your financial goals. See which repayment option best meets your needs. These are Standard repayment, Extended repayment, Graduated repayment and Income-sensitive repayment (available only for FFELP loans).


What financial opportunities are available such as Grants Loans or Scholarships?

To find out what financial opportunities are available for new and current students, one should consult the prospective school's financial aid office. Some generic options are always available: * Financial Aid (provided by the specific school based on need and student characteristics) * Federal Family Education Loan Programs (FFELP loans) * Federal Direct Loan Programs (PLUS loans) * Federal Student Loan Programs (Stafford and Perkins loans) * Private Loan Programs (aka alternative loans)


Where the Education Reconciliation Act of 2010 was mandated under the?

The Education Reconciliation Act of 2010 was mandated under the Health Care and Education Reconciliation Act, which was part of the broader legislative effort to reform health care and education funding in the United States. This act aimed to address issues related to student loans and financial aid, including the elimination of the Federal Family Education Loan Program (FFELP) and the expansion of Pell Grants. It was designed to improve access to higher education and ensure that federal student aid was more efficient and effective.


Where can you keep your money so it may not be garnished?

this is a rather odd question. how about you pay off the loans you agreed to pay? since that answer probably doesn't help, if they are garnishing your wages, the only way to avoid it is to be paid under the table. Administrative Wage Garnishment does not require a court order, Tina. The US Department of Education or a FFELP guarantor can garnish 25% of a borrower's disposable income for a defaulted federal student loan WITHOUT the hassle of getting a judgment. Therefore, your post about "writs", state law, etc is not relevant to garnishment in this topic. PS: The Higher Education Act, (P.L 102-164; 20 U.S.C. § 1095a) is the legal authority for AWG, and it supersedes all state laws limiting or controlling garnishment.


What does descriptor mean?

It mean what you don't what does it mean.


What does mean mean in statistics?

Mean is the average.


Who was king Henry and what did he do?

he was a mean person who lived with mean people in a mean castle on a mean hill in a mean country in a mean continent in a mean world in a mean solar system in a mean galaxy in a mean universe in a mean dimension