Direct Loans

The Direct Loan Program makes long-term loans available to students at all levels of study, and to parents on behalf of dependent students. The federal government subsidizes interest during defined periods for undergraduate students who show need under the federal need analysis methodology, but only for a limited amount of time based on the length of the student’s program. Various repayment plans are available, as well as deferments, cancellations, and discharges.

Related terms: Loan Counseling; Cohort Default Rate (CDR)

 

A Case Study of Undergraduate Debt, Repayment Plans, and Postbaccalaureate Decision-Making Among Black Students at HBCUs Web URL

Source: Journal of Student Financial Aid

A Primer on Higher Education, Student Aid, and the Federal Budget Process Web URL

Source: Journal of Student Financial Aid

Another Lesson on Caution in IDR Analysis: Using the 2019 Survey of Consumer Finances to Examine Income-Driven Repayment and Financial Outcomes Web URL

Source: Journal of Student Financial Aid

Borrowers Discuss the Challenges of Student Loan Repayment Web URL

Source: The Pew Charitable Trusts

Changes in HBCU Financial Aid and Student Enrollment After the Tightening of PLUS Credit Standards Web URL

Source: Journal of Student Financial Aid

College Student Debt and Anticipated Repayment Difficulty Web URL

Source: Journal of Student Financial Aid

Comparison of Sub and Unsub for Undergrads PDF

Source: National Association of Student Financial Aid Administrators

Debt Profiles of Model Students: The Projected Debt of Highly Productive Students and Its Economic Impact Web URL

Source: Journal of Student Financial Aid

Direct Loans AskRegs Knowledgebase Q&As Web URL

Source: National Association of Student Financial Aid Administrators

Direct Loans Reference Sheet PDF

Source: National Association of Student Financial Aid Administrators

Direct Loans Self-Study Guide Web URL

Source: National Association of Student Financial Aid Administrators

Do Promise Programs Reduce Student Loans? Evidence from Tennessee Promise Web URL

Source: The Journal of Higher Education

Does the House Always Win? An Analysis of Barriers to Wealth Building and College Borrowing Web URL

Source: Journal of Student Financial Aid

Education Tax Credits: A Different Trajectory for Federal Funding of Higher Education and Remediation for Effectual Policymaking Web URL

Source: Journal of Student Financial Aid

Exploring IDR: A Comparison of Financial Situations and Behaviors Between Those in Traditional Student Loan Repayment and Those in Income-Driven Repayment Web URL

Source: Journal of Student Financial Aid

Getting it Right: Design Principles for Student Loan Servicing Reform Web URL

Source: Third Way

Graduate and Professional Reference Sheet, 2022-23 PDF

Source: National Association of Student Financial Aid Administrators

Higher Education: Can Debt Beat Savings? Web URL

Source: Journal of Student Financial Aid

National Student Aid Profile: Overview of 2021 Federal Programs Web URL

Source: National Association of Student Financial Aid Administrators

Parent Borrowing and College Completion Web URL

Source: Journal of Student Financial Aid

PLUS Borrowing in Texas: Repayment Expectations, Experience, and Hindsight by Minority-Serving Institution Status PDF

Source: Trellis Company

Policymakers Should Consider Impact of Growing Student Loan Balances on Borrowers and Taxpayers Web URL

Source: The Pew Charitable Trusts

Protecting Borrowers & Advancing Equity: Systemic Solutions to Improve Federal Student Loan Servicing & Repayment PDF

Source: National Association of Student Financial Aid Administrators

Social Dimensions of Student Debt: A Data Mining Analysis Web URL

Source: Journal of Student Financial Aid

Student Aid Reference Sheet, 2022-23 PDF

Source: National Association of Student Financial Aid Administrators

Student Loan System Presents Repayment Challenges Web URL

Source: The Pew Charitable Trusts

Student Loans and Health-related Financial Hardship PDF

Source: Journal of Student Financial Aid

Student Loans, Financial Stress, and College Student Retention Web URL

Source: Journal of Student Financial Aid

The Influence of Stafford Loan Debt Load on Persistence Among Historically Underserved Populations at a Hispanic Serving Institution Web URL

Source: Journal of Student Financial Aid

The North Carolina Teaching Fellows Program: A Case Study of the Use of Forgivable Loans in Recruiting Future STEM Teachers Web URL

Source: Journal of Student Financial Aid

Understanding Loan Use and Debt Burden Among Low-income and Minority Students at a Large Urban Community College Web URL

Source: Journal of Student Financial Aid

Unforced Errors: How One Simple Fix Could Improve Student Loan Repayment Web URL

Source: Third Way

Who do College Students Turn to for Financial Aid and Student Loan Advice, and is it Advice Worth Following? Web URL

Source: Journal of Student Financial Aid

See top list entry for Professional Judgment

See top list entries for Cash Management and Disbursement

See top list entry for Loan Counseling

See top list entry for Loan Counseling

See also Cash Management