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We are your student loan servicer and we have one goal: to help you successfully repay your loans. COVID-19 Student Loan Relief Federal student loan flexibilities for the COVID-19 emergency have been extended at least through September 30 2021.
Public Service Loan Forgiveness (PSLF) & Income-Driven Repayment (IDR) Borrowers with a Direct Loan who work full-time for a qualifying employer during the suspension will receive credit toward PSLF for the period of suspension as though on-time monthly payments were made.
Other Important Information. In order to qualify you must have more than $30000 in outstanding Direct Loans or FFEL Program Loans.. For example: If you have $32000 in outstanding Direct Loans and $12000 in outstanding FFEL Program Loans you may be able to choose this plan for your Direct Loans; however your FFEL Program Loans would not be eligible.
FedLoan Servicing is a Servicer to Federal Student Aid. You have a network of support to help you succeed with your federal student loan repayment. Find out how Federal Student Aid partners with loan servicers to be here when you need help.
William D. Ford Federal Direct Loan (Direct Loan) Program awards are processed through the Common Origination and Disbursement (COD) System. Operational communications and guidance technical documents and related information specific to the Direct Loan Program and the processing of Direct Loan awards through the COD System are provided on this page.
The aggregate loan limits include any Subsidized Federal Stafford Loans or Unsubsidized Federal Stafford Loans you may have previously received under the Federal Family Education Loan (FFEL) Program. As a result of legislation that took effect July 1 2010 no further loans are being made under the FFEL Program .
William D. Ford Federal Direct Loan Program is one among the three types of student loans avaliable through the federal government. William D. Ford Federal Direct Loan Program includes four components: Direct Subsidized Direct Unsubsidized Direct PLUS and Direct Consolidation.