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The National Student Loan Data System (NSLDS) is the U.S. Department of Education ’s (ED) central database for Federal Student Aid. [1] NSLDS receives data from schools, guaranty agencies, the Direct Loan program, and other ED programs. NSLDS Student Access provides a centralized, integrated view of Title IV loans and grants so that recipients of Title IV Aid can access and inquire about ...
The William D. Ford Federal Direct Loan Program (also called FDLP, FDSLP, and Direct Loan Program) provides "low-interest loans for students and parents to help pay for the cost of a student's education after high school.
Government sponsored Student Loans in Canada was designed to help post-secondary students pay for their education in Canada. The federal government funds the Canada Student Loan Program (CSLP) and the provinces may fund their own programs or be integrated with the CSLP. In addition, Canadian banks offer commercial loans targeted for students in professional programs.
Borrowers can contact the Federal Student Aid Information Center if they need assistance with their loan accounts or have trouble contacting their new servicer.
The loan servicer will then notify the borrower when the debt relief has been applied and if there is a new payment based on any remaining loan balance.
About 43.4 million Americans have federal student loans, collectively amounting to $1.63 trillion of debt, according to the National Student Loan Data System.
The REPAYE program allows financially strapped borrowers to continue making payments and reduce their student loan debt. Payments are based on your discretionary income, which the federal ...
In the United States, student loans are a form of financial aid intended to help students access higher education. In 2018, 70 percent of higher education graduates had used loans to cover some or all of their expenses. [1] With notable exceptions, student loans must be repaid, in contrast to other forms of financial aid such as scholarships, which are not repaid, and grants, which rarely have ...
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