Question:c How can Direct Loans help me go to college?
Answer: Direct Loans are low-interest loans for students and parents to help pay for the cost of your education. The lender is the U.S. Department of Education rather than a bank or other financial institution. Direct Loans are: Simple - You borrow directly from the federal government and have a single contact-the Direct Loan Servicing Center-for everything related to the repayment of your loans, even if you receive Direct Loans at different schools. Convenient - You'll have online access to your Direct Loan account information. Flexible - You can choose from several repayment plans that are designed to meet your needs, and you can switch repayment plans if your needs change
Financial Aid Direct Loan FAQs
How can Direct Loans help me go to college?
How do I apply?
What is the interest rate?
Is there a charge for this loan?
How will I receive my loan money?
When do I have to begin repaying my loan?
How much time will I have to repay my loan, and how much will I have to pay each month?
What happens if I don't repay my Direct Loan?