Direct Student Loan program is the initiative of US Department of Education. Mainly referred to as the Federal Direct Loan Program (FDLP), the program offers financial aid and assistance to students willing to pursue their educational goals. The loans are offered to courses taken up after high school education. What are Direct Student Loan? The so called ‘Direct Loans’ are directly issued by the Department of Education to students satisfying the needs of grant provided they are in line with …

This is good news. How I was waiting for this! Any saving really matters to me. How about you? Don’t you think reduction in interest rates are surely going to help you get the best deal ever? The answer is yes. Student Loan Rates The best of deals come with very low interest rates. It is the rate of interest which decides the cost of borrowing; the lower it is the lesser will be your liability. Hence students normally tend …

Who can use PLUS Loan: Out of the many loan options available to students to fund their college education, PLUS Loans are offered to both students and parents of students pursuing their graduation is one of the most sought after option. These PLUS loan options are guaranteed by the government and fall under the direct supervision of the US Department of Education. They are also called Federal PLUS Loans. These loans normally cover books, tuition and other fees, books, supplies …

Roughly 80% of all students in colleges and universities have to take out some form of financial aid; the vast majority of students have to take out Student Loans. Some parents even have to take loans to assist in paying for their child’s education. Loans issued to parents to cover the expenses incurred by the student for such things as housing, food, books and transportation. The PLUS (Parent Loans for Undergraduate Students) program loans are available to the parents of …

About 80% of all higher education students receive some form of financial aid, the majority end up with some amount of Student Loan. There are so many different type of loans to choose from (Federal, Private, Subsidized, Unsubsidized, Student, Parent, etc) that you need to know which is right for your situation. In the case of parent loans, you can look at the Direct PLUS program. This is a great program for parents who want to assist in paying for …