Direct Loans Slidell LA

If you're applying to college or currently attending college, you or your parents may be eligible for a direct loan. The following article explains what these loans are and how you can get one.

Local Companies

Beneficial Mortgage Co of Louisiana
(985) 847-9603
1300 Gause Blvd
Slidell, LA
Check Into Cash
(985) 641-4840
1318 Corporate Square Dr
Slidell, LA
Hancock Bank
(985) 781-0147
1411 Gause Blvd
Slidell, LA
Advantage Financial Services
(985) 641-4533
630 Robert Blvd
Slidell, LA
Hancock Bank
(985) 781-0147
1411 Gause Blvd
Slidell, LA
Cash Wow
(985) 781-6533
1614 Gause Blvd W
Slidell, LA
First Financial Services
(985) 641-3100
515 Gause Blvd
Slidell, LA
Key Credit Inc
(985) 781-0877
1428 Gause Blvd
Slidell, LA
Harrison Finance
(985) 781-4201
1561B Gause Blvd
Slidell, LA
Purvis Financial
(985) 645-0555
1324 7th St
Slidell, LA

If you're applying to college or currently attending college, you or your parents may be eligible for a Direct Loan. These are government loans that will help defray the cost of your education. They must be repaid, but they can help people afford an education which would otherwise be unaffordable. If you're considering applying for a Direct Loan, here are some steps to take in the process:

  1. Get to know what a Direct Loan is. A Direct Loan is a loan for students wherein the college gets money directly (no pun intended) from the federal government. Not all colleges participate in this program. Direct Loans for students are usually called Stafford Loans. When the parent of the student takes out the loan, it's called a PLUS Loan. (Note: there's another similar loan called the FFEL Stafford Loan.)

  2. Differentiate between a subsidized or unsubsidized loan. There are two categories of these loans: subsidized loans and unsubsidized loans.

    A subsidized loan means you aren't charged interest until it comes time to pay the loan back. You get a subsidized loan if you qualify on the basis of need. The government calculates "need" as what your family can contribute, plus other sources of payment (scholarships, etc) plus Pell Grant Eligibility all subtracted from what it will cost you to attend.

    Unsubsidized loans, on the other hand, will cost you interest right from the start until you pay it off in full. You don't need to qualify on a need basis for an unsubsidized loan, rather, you just need to be a regular student (in school to earn a degree or certificate) in an "eligible program" (school that is in the Direct Loan Program) and meet some other eligibility requirements and things like "dependent" vs. "independent" student status.

    ...

Click here to read the rest of the article at HowToDoThings.com

Author: B. Danesco

Featured Local Company

Advance America

504-288-6538
2093 Caton St
New Orleans, LA
http://www.advanceamerica.net

Related Local Events
The National Brownsfields Conference 2009
Dates: 11/16/2009 - 11/18/2009
Location: Ernest N. Morial Convention Center
New Orleans, LA
View Details

SPE Annual Technical Conference and Exhibition - ATCE 2009
Dates: 10/4/2009 - 10/7/2009
Location: Ernest Morial Convention Centre
New Orleans, LA
View Details

American Diabetes Assn - ADA 69th Annual Meeting & Scientific Sessions
Dates: 6/5/2009 - 6/9/2009
Location: Ernest N. Morial Convention Center
New Orleans, LA
View Details

Mississippi Department of Education - Mississippi Summer Conference
Dates: 6/1/2009 - 6/5/2009
Location: Mississippi Coast Coliseum/Convention Center
Biloxi, MS
View Details

National Teaching Institute & Critical Care Exposition
Dates: 5/16/2009 - 5/19/2009
Location: Ernest N. Morial Convention Center
New Orleans, LA
View Details

Rss   Delicious   Digg   Add To My Yahoo   Add To My Google   Bookmark   Search Plugin

Topics:
Advertising Family Home Services Real Estate Resources
Business Services Fashion Industrial Goods & Services Retail & Consumer Services
Career Financial Services Insurance Software
Cars Food & Beverage Internet Technology
Computer Hardware Franchise Legal Telecommunications
Construction Health Miscellaneous Trade Shows
Education Holidays Nightlife Travel
Entertainment Home Appliances Online Database Weddings
Environmental Home Electronics Pets World History