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  2. Stafford Loan - Wikipedia

    en.wikipedia.org/wiki/Stafford_Loan

    As of July 1, 2010, Stafford Loans are no longer being offered, having been replaced with the William D. Ford Federal Direct Student Loan Program. In 1988, Congress renamed the Federal Guaranteed Student Loan program the Robert T. Stafford Student Loan program, in honor of U.S. Senator Robert Stafford , a Republican from Vermont , for his work ...

  3. Federal Direct Student Loan Program - Wikipedia

    en.wikipedia.org/wiki/Federal_Direct_Student...

    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. The lender is the U.S. Department of Education ... rather than a bank or other financial institution." [ 1]

  4. Federal student loan rates hit high levels not seen in years ...

    www.aol.com/federal-student-loan-rates-hit...

    The fixed interest rate on federal student loans will climb to 6.53% for undergraduate loans — up from 5.5% last year. The new higher rate applies to Federal Direct Stafford loans for ...

  5. Student loans in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_loans_in_the...

    If the student returns to least half-time status, the loans are again deferred, but a second episode no longer qualifies and repayment must begin. All Perkins loans and some undergraduate Stafford loans are subsidized. Loan amounts are limited. Many deferment and forbearance options are offered in the Federal Direct Student Loan program. [67]

  6. Your child got less college financial aid than you hoped. You ...

    www.aol.com/just-heard-college-bound-child...

    Freshmen can take out a $5,500 federal Stafford loan at a relatively favorable interest rate. The rate for the 2024-2025 school year will be 6.53%. Over four years of college, students can take ...

  7. What Is President Biden’s SAVE Plan for Student Loan ... - AOL

    www.aol.com/president-biden-save-plan-student...

    There’s still a path to something like partial student loan forgiveness with the SAVE plan. If your original loan amount was $12,000 or less, your debt will be forgiven after you’ve made 120 ...

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