Student Loans Available Directly from the Federal Government

by:
Federal Direct Student Loans are available to assist those vocational, undergraduate, and graduate postsecondary students (or their parents) and allows them to borrow money directly from the Federal government. This is done so that these students or their parents do not have to take out loans through private or other commercial lenders that oftentimes have much higher interest rates or simply will not provide a loan.

There are different variations of a Federal Direct Student Loan available; these are dependent on whether or not the student is eligible for government assistance. Need based programs include the Stafford Loan and the Direct Subsidized Loan; while non-need based programs are the Direct PLUS program, and the Direct Unsubsidized Loan.

Federal Direct Student Loans are overseen by the Department of Education. In order to be eligible for Federal Direct Student Loans the student is required to be a United States citizen or an eligible non-citizen (this means those with a Alien Registration Card or those with a Arrival Departure Record with specific designations).

To qualify for Federal Direct Student Loans the student must be accepted or currently already enrolled in a degree or certificate program. The student has to be at least a half-time basis undergraduate, graduate, or professional student at a postsecondary that participates with Federal Direct Student Loans. Students are not allowed to owe a refund on another a Title IV grant, and cannot currently have a Title IV loan that is defaulted. The student will also have to get a certification of eligibility from their school.   (continued...)

Student Loans Available Directly from the Federal Government
  Page 2

About The Author

The author edits a site featuring Education Grants and another Government Grants site providing info on every grant the federal government offers.

Michael Saunders has an MBA from the Stanford Graduate School of Business.




Additional Government Grants Resources


Finding And Applying For Government Grants
According to a U.S. government website, there are $400 billion in grants currently available in over 1000 different programs. Naturally with such a huge amount finding a program that you or your comp...


Zambia Economic Resilience Program for Improved Food Security
The Zambia Economic Resilience Program for Improved Food Security is designed to implement innovative techniques and approaches that would hopefully enable the community's most vulnerable and poor rural families to improve food security by strengthening their economic resilience.


Ohio Heroes Program for First Time Home Buyers in the State of Ohio
One of the most popular programs of the Ohio Housing Finance Agency is the Ohio Heroes Program which is exclusively intended for active military men, active reservists, veterans, firefighters, emergency medical technicians, paramedics, and several other individuals with noble professions.


Building a Medical Home for Multiply Diagnosed HIV positive Homeless Populations - Demonstration Sites Project
The HRSA has recently constituted the establishment of a new initiative entitled the Building a Medical Home for Multiply Diagnosed HIV positive Homeless Populations – Demonstration Sites Project.


Federal and State Technology Partnership Program
The Federal and State Technology Partnership Program works around the objective of being able to boost and strengthen the technological competitiveness of small business establishments in the United States of America.


Small Business Administration's Recovery Capital Loans
The Recovery Capital Loans Program provides financial assistance to small business with less than 500 employees to obtain a deferred payment loan from the agency, in order to meet existing debt payments, thereby giving the business the opportunity to refocus their business strategy.


Department of Homeland Security: 2011 Earthquake Technology Transfer
The Federal Emergency Management Agency(FEMA), under the DHS, has constituted the Earthquake Technology Transfer Cooperative Agreement program.






Dsenyo, founded and designed by Marissa Perry Saints, seeks to help women and artisans working their way out of poverty. Dsenyo is an ethical fashion company that operates as a social enterprise that supports living wage opportunities for workers in Malawi, Africa.




Not for Profit Jobs in Nebraska

  Executive Director Jobs
  Substance Abuse Jobs
  Program Director Jobs
  Executive Director Jobs
  Social Services Jobs





More Federal Domestic Assistance Programs


Closed-Circuit Televising of Child Victims of Abuse | Special Programs for the Aging_Title III, Part C_Nutrition Services | Highlands Conservation Program | Service Corps of Retired Executives | Snow Survey and Water Supply Forecasting |  Site Style by YAML | Grants.gov | Grants | Grants News | Sitemap | Privacy Policy


Edited by: Michael Saunders

© 2004-2022 Copyright Michael Saunders