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  2. Federal Direct Student Loan Program - Wikipedia

    en.wikipedia.org/wiki/Federal_Direct_Student...

    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. The lender is the U.S. Department of Education ... rather than a bank or other financial institution." [ 1]

  3. Federal student loan consolidation - Wikipedia

    en.wikipedia.org/wiki/Federal_student_loan...

    The fixed interest rate is calculated as the weighted average of the interest rates of the loans being consolidated, assigning relative weights according to the amounts borrowed, rounded up to the nearest 0.125%, and capped at 8.25%. Some features of the original consolidated loans, such as postgraduation grace periods and special forgiveness ...

  4. Federal Family Education Loan Program - Wikipedia

    en.wikipedia.org/wiki/Federal_Family_Education...

    The Federal Family Education Loan ( FFEL) Program was a system of private student loans which were subsidized and guaranteed by the United States federal government. The program issued loans from 1965 until it was ended in 2010. Similar loans are now provided under the Federal Direct Student Loan Program, which are federal loans issued directly ...

  5. How to consolidate student loans & why you might want to

    www.aol.com/finance/consolidate-student-loans...

    The main benefits of federal student loan consolidation include: Longer repayment periods: If you need more cash in your pocket right now, consolidating your federal student loans may help you ...

  6. Pros and cons of consolidating student loans

    www.aol.com/finance/pros-cons-consolidating...

    Key takeaways. Direct Consolidation Loans and private student loan refinancing helps make federal student loans more manageable by rolling several balances into a single loan product.

  7. The deadline to consolidate some student loans to receive ...

    www.aol.com/news/deadline-consolidate-student...

    April 30, 2024 at 12:32 PM. NEW YORK (AP) — Borrowers with some types of federal student loans have until today to consolidate their loans to qualify for full student loan cancellation or credit ...

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