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Federal Direct Student Loan Program. The William D. Ford Federal Direct Loan Program (also called FDLP, FDSLP, and Direct Loan Program) provides "low-interest loans for students and parents to help pay for the cost of a student's education after high school.
Federal Student Aid (FSA), an office of the U.S. Department of Education, is the largest provider of student financial aid in the United States. Federal Student Aid provides student financial assistance in the form of grants, loans, and work-study funds.
FedLoan Servicing stopped handling federal student loan accounts on December 14, 2021. After the decision, FedLoan accounts were transferred to MOHELA, Edfinancial, Aidvantage and Nelnet.
Borrowers won't need to upload any documents or log in with a Federal Student Aid (FSA) ID. To prevent fraud, all borrowers must attest to their eligibility under penalty of perjury and...
Interest on federal student loans has started accumulating again after a three-year pause because of the COVID-19 pandemic. The first step is to log in to your StudentAid.gov account and check who ...
In the United States, there are two types of student loans: federal loans sponsored by the federal government and private student loans, which broadly includes state-affiliated nonprofits and institutional loans provided by schools.