Four Types of Direct Student Loans

The federal government doles out financial assistance to student borrowers through what are referred to as, direct students loans, and this kind of assistance is given without mediation. These direct loans fall under the government’s William D. Ford Federal Direct Loan (Direct Loan) Program. The Department of Education also gives out direct loans to students who apply for financial aid, but these loans are subject to a particular agreement that schools have with the department. [Read more…]