Displaying posts tagged: federal

System of student loans in USA

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Basic points    There are several types of loans available to students. The simplest categorization is into federal student loans and private loans. In case you would like to obtain federal student loans you will have to fill in the so called FASFA form (Free Application for Federal Student Aid).  There are four main federal types of ...

Federal Direct Student Loan Program

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Federal Direct Student Loan Program (FDSLP) loans, administered by "Direct Lending Schools", are provided by the US government directly to students and their parents. Some other schools offer Stafford loans to students through banks or other lenders. You usually can find an abbreviation used for such schools- FFEL schools (Federal Family Education Loan). If you want ...

Federal Perkins Loan

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Federal Perkins Loan - is a low interest (5%) loan for undergraduate and graduate students with exceptional financial need. As a lender here act an educational institution which receives limited amount of financial means from Federal government. It is a subsidized loan thus the interests are paid by federal government during the period of study, there ...