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  2. 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]

  3. PLUS Loan - Wikipedia

    en.wikipedia.org/wiki/PLUS_Loan

    A PLUS Loan is a student loan, which is part of the Federal Direct Student Loan Program, offered to parents of students enrolled at least half time, or graduate and professional students, at participating and eligible post-secondary institutions. The original, now obsolete, meaning of the acronym was "Parent Loan for Undergraduate Students".

  4. Student loans in the United States - Wikipedia

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

    In the United States, student loans are a form of financial aid intended to help students access higher education. In 2018, 70 percent of higher education graduates had used loans to cover some or all of their expenses. [ 1] With notable exceptions, student loans must be repaid, in contrast to other forms of financial aid such as scholarships ...

  5. 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 ...

  6. How to consolidate student loans & why you might want to

    www.aol.com/finance/consolidate-student-loans...

    Direct PLUS Loans. Direct Subsidized Loans. ... Retain federal student loan benefits: When you consolidate federal student loans, you can still take advantage of income-driven repayment plans, ...

  7. Federal student loan rates just hit their highest point in ...

    www.aol.com/finance/education-department-unveils...

    However, only federal Direct and PLUS loans taken out for the 2024-25 academic year will be impacted by the new rates. Federal student loan rates are fixed, so existing loans’ rates won’t change.

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