Student Loans Available Directly from the Federal Government
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For a student that is already enrolled in college to remain eligible for Federal Direct Student Loans they must maintain satisfactory academic progress in their course of study. Should they fail to do so, it is grounds to start the repayment plan. If this were to happen though the student would be notified before the loan simply went into repayment.

Before acceptance, the school that the student is attending/enrolled in will have to certify that the borrower is eligible to receive the funds from the Federal Direct Student Loan. Schools can provide the students the money by issuing a cash or check, transferring the money electronically, or applying the sum directly to the student account at the school.

Repayment on Federal Stafford loans begin around six months after the student stops being enrolled in at least one-half the normal full-time academic course load. This can be either graduation or termination of the program by the student or school. For the other loans that are available under the Federal Direct Student Loans, repayment starts within 60 days after the student is no longer enrolled.

The total loans were $13,022,000,000 in 2007; approximately $14,103,000,000 in 2008; and approximately $14,867,000,000 in 2009. There were over 2.9 loans in 2007 alone.

For more information on Federal Direct Student Loans, the student can contact the Department of Education or the school that they attend/are enrolled in. Applications for the Direct Subsidized and Unsubsidized loans are obtained from the school. Direct consolidation loan applications are obtained from the Department of Education. http://www.direct.ed.gov/


Student Loans Available Directly from the Federal Government
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About The Author The author edits a site featuring Education Grants and another Government Grants site providing info on every grant the federal government offers. Michael Saunders has an MBA from the Stanford Graduate School of Business.

Additional Resources

category - Education Grants

National Endowment for the Arts: Literature Translation Fellowship 2012
The National Endowment for the Arts has constituted the Literature Fellowship for Translation Projects grant. The grant provides fellowships for published translators as they translate specific works of prose, poetry or drama.

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Early-Grade Reading Improvement Interventions Program
In line with this mission, the USAID has developed the Early-Grade Reading Improvement Interventions Program wherein they seek to solicit interventions that would improve the reading achievements in the early grades in Latin America and in the Caribbean region.

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2012 University Center Economic Development Program Competition
The Economic Development Administration has recently established the 2012 University Center Economic Development Program Competition wherein they intend to solicit grant applications from higher education institutions stating their intent to establish and operate special University Centers that are focused on leveraging university assets in order to create regional economic ecosystems that will support high-growth entrepreneurship.

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Financial Aid for Students - The Role of the Federal Student Aid Office
The Federal Student Aid Office makes sure that eligible students get to benefit from financial assistance to complete an education beyond high school. The Office plays a vital role in the entire financial aid process and has an active role in ensuring that students have access to all the information they need when requesting federal assistance to attend college.

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