The Largest FREE Directory of Career Development, Scholarships, Financing Resources and Educational Information!
Direct Student Loans
Students and parents can explore the site for information about the Direct Loan Program, including helpful publications and tools to help manage their Direct Loans.
Career & Jobs
Are Direct Student Loans and Student Loans different?
What is the difference between a federal student loan and a private student loan?
Private student loans are not funded or subsidized by the federal government; instead, they are funded by banks, credit unions, or other types of lenders. The bank or lender – not the federal government – sets interest rates, loan limits, terms, and conditions of private student loans.