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ERIC Number: ED515842
Record Type: Non-Journal
Publication Date: 2010-Dec
Pages: 28
Abstractor: ERIC
Reference Count: N/A
Entrance Counseling Guide for Direct Loan Borrowers
Federal Student Aid, US Department of Education
This guide describes the four types of loans offered by the Direct Loan Program[SM]: (1) Direct Subsidized Loans; (2) Direct Unsubsidized Loans; (3) Direct PLUS Loans; and (4) Direct Consolidation Loans. Among the topics covered in the guide are: Use of Your Loan Money, The Master Promissory Note, How Your Loans Will Be Disbursed (Paid Out), Direct PLUS Loan Interest Rate and Payment of Interest, Half-time Enrollment, Changes You Must Report, Trouble Making Payments, Conditions for Canceling All or Part of Your Loan, and National Student Loan Data System (NSLDS). A Borrower's Rights and Responsibilities form is also included.
Federal Student Aid, US Department of Education. Available from: ED Pubs. P.O. Box 1398, Jessup, MD 20794-1398. Tel: 800-730-8913; Tel: 319-337-5665; e-mail:; Web site:
Publication Type: Guides - Non-Classroom
Education Level: Higher Education; Postsecondary Education
Audience: Students
Language: English
Sponsor: N/A
Authoring Institution: Federal Student Aid (ED)
Identifiers - Laws, Policies, & Programs: Federal Direct PLUS Loan Program; Federal Direct Student Loan Program