• 9.1: Contact Us
  • 9.1.2: Phone & Fax Numbers
• 9.2: Technical Help
• 9.3: FAQs

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Jul 31, 2010

Navigation

• 2: Quick Links to Financial Aid
• 3: Students & Parents
  • 3.2: Choosing a College
  • 3.3: Applying to College
  • 3.4: Paying for College
    • 3.4.1: NJBEST - 529 Plan
    • 3.4.2: Federal Grants

    • Current page is 3.4.3: Student Loans

    • 3.4.4: NJ Grants & Scholarships
    • 3.4.5: NJCLASS Loans
    • 3.4.6: Financing Your Graduate Degree
    • 3.4.7: Veteran Education Benefits
    • 3.4.8: Scholarship Search
  • 3.5: Financial Aid Definitions
  • 3.6: Repaying your Loans
  • 3.7: School Change
  • 3.8: NJ Colleges
  • 3.9: Applications & Forms
  • 3.10: Links
  • 3.11: Real Money 101
  • 3.13: Calendars
• 4: Financial Aid Professionals
• 5: Lenders & Servicers
• 6: High School Counselors
• 7: About Us
• 36: Historical Borrower Benefit Charts

As a result of the Health Care and Education Reconciliation Act, beginning July 1, 2010, federal student loans will no longer be made by private lenders under the Federal Family Education Loan (FFEL) Program. Instead, all new federal student loans will come directly from the U.S. Department of Education under the William D. Ford Federal Direct Loan Program (Direct Loan).

Students and parents are eligible for federal student loans to help meet the cost of a post-secondary education. There are several types of Direct Loans.