Federal Direct Student Loans - #84.268
Program Objectives
To provide loan capital directly from the Federal government (rather than through private lenders) to vocational, undergraduate, and graduate postsecondary school students and their parents.
Funding (obligations)
(Direct Loans) FY 09 $29,739,000,000; FY 10 $73,529,000,000; FY 11 $116,394,000,000 - (Figures represent Gross Loan volume, without Consolidations). (Direct Loans) FY 09 $12,523,000,000; FY 10 $14,830,000,000; FY 11 $17,565,000,000 - Figures represent DL Gross Consolidation volume.
Related Programs
Federal Family Education Loans
Federal Pell Grant Program
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