This publication provides guidance to schools that participate in the Federal Direct Student Loan Program. It provides details on how the Direct Loan Program operates and on Direct Loan policies and procedures. The 12 chapters include: (1) "Overview of the Direct Loan Program"; (2) "Basic Components of Direct Loans"; (3)…

The U.S. Department of Education makes William D. Ford Federal Direct Loans directly to students through the schools they attend. This guide for borrowers addresses: (1) facts about repaying direct loans; (2) consequences of default; (3) managing direct loan records; (4) information review; (5) important things to find out from the school; (6)…