Direct Loan program is a Federal plan that provides student loans. Under this program, low interest loans are provided to students and parents in order to help them pay for education beyond high school.
These loans are issued directly by The U.S. Department of Education
The U.S. Department of Education issues these student loans directly, without involving any banks. As you will be borrowing directly from the federal government, you will be able to administer everything regarding your loans using the Direct Loan Servicing Center. This will be much easier for you, especially if you have multiple loans from different schools.
