Department of education consolidating student loans online dating services for people with disabilities
A Direct Consolidation Loan allows you to combine multiple federal education loans into one loan.
Before making the decision to consolidate your loans, you’ll want to carefully consider whether loan consolidation is the best option for you.
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You must have an FSA IDto access all services offered by this Web site. The FSA IDalso allows you to sign your If you have not previously received a Direct Loan or Federal Family Education Loan (FFEL), the Federal Government requires you to complete entrance counseling to ensure that you understand the responsibilities and obligations you are assuming.
The FSA IDserves as your identifier to let you access your personal information in various U. If you complete entrance counseling to borrow a loan as an , the entrance counseling fulfills counseling requirements for Direct Subsidized Loans, Direct Unsubsidized Loans, and Direct PLUS Loans.
Since July 2010, almost all federal student loans are made under this program—in full, called the William D. Though the Direct Loan Program existed long before 2010, there was another bigger federal student loan program that most students relied on to finance their education: the Federal Family Education Loan (FFEL) Program.
Under the FFEL Program, loans were made by banks and ultimately guaranteed by the taxpayer in case you didn’t make your payments. Loans from both of these programs are FEDERAL student loans.
If you borrowed any federal student loans before July 2010, there’s a good chance that some or all of your federal student loans are not Direct Loans.