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Posted:
By:
Bob Buckham
Website: www.best-choice-loans.com
Direct Loans: the federal government pays for your schooling
The William D. Ford Federal Direct Loan Program (aka the Direct Loan Program) is a federal program where the school becomes the lending agency and manages the funds directly, with the federal government providing the loan funds. Not all schools currently participate in this program. Benefits of the program include a faster turnaround time and less bureaucracy than the old "bank loan" program. The terms for Direct Loans are the same as for the Stafford Loan program. For more information about Direct Loans, contact the Direct Loan Servicing Center at .
To see other sources of student financing, click on our loans button below.
About The Author:Bob Buckham is a successful author and the
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