Student loans, unlike grants and work-study, are borrowed money that must be repaid, with interest, just like car loans and home mortgages. You cannot have these loans canceled because you didn't like the education you received, didn't get a job in your field of study or because you're having financial difficulty. Loans are legal obligations that…

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),…

This pamphlet provides basic facts about the U.S. Department of Education's Direct Loan Program for students. These loans include Federal Direct Stafford/Ford Loans, Federal Direct Unsubsidized Stafford/Ford Loans, Direct PLUS Loans, and Direct Consolidation Loans. The pamphlet's sections are: (1) "The Direct Loan Program: What Is It?";…

This CD-ROM audio guide contains a simulated conversation between a counselor at the Department of Education's Federal Student Aid Information Center and a student inquiring about financial assistance for college. The guide is designed to be useful to the visually impaired student. Following an introductory track providing contents information,…

This CD-ROM contains a simulated conversation between a counselor at the Department of Education's Federal Student Aid Information Center and a student inquiring about financial assistance. Following an introductory track providing contents information, each track contains a section answering a different question about federal student loans. The…