FAFSA Login Page – www.fafsa.ed.gov Direct Loans
Education is very important for everyone. Every student wants to get higher education but they can not get it because of some problems. Here the information is given about direct loans of FAFSA. You can apply online for the loan at www.fafsa.ed.gov. FAFSA stands for Free Application for Federal Student Aid.
The FAFSA is very important because it completes financial aid application exactly and early in the year. The aim of FAFSA website is that you can get the maximum amount of aid. The online services of FAFSA are for student loans, they provide loans and related information about loans to the students. They provide private student loans, scholarships and consolidation funding for undergraduate and graduate.
Direct loans: The direct loans are provided by FAFSA with low-interest for students and parents. These loans help to pay for the cost of a student’s education after high school. You can borrow it directly from the federal government. You can also receive your direct loans at different schools. You can get the information of your direct loan account 24 hours a day, 7 days a week at Direct Loans on the Web at www.dl.ed.gov. They give you several repayment plans, you can choose any one. The repayment plans are designed to meet your needs.
The Direct Loan Program offers the following types of loans:
Subsidized: During the grace period and during deferment periods they do not charge interest while a student is in school at least half-time.
Unsubsidized: In this type, interest is charged during all periods. They also charged interest when student is in school and during grace and deferment periods.
PLUS: This loan helps to pay for education expenses, the expenses which are up to the cost of attendance minus all other financial assistance and they also charged interest in all period.
Consolidation: Eligible federal student loans can be combined into one Direct Consolidation Loan.
To get more information of direct loans, click here.
If you want to apply online, click here.