The difference between federal direct student loans and pell grants.?

The difference between federal direct student loans and pell grants.?
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1 Answer

Answer :

The federal direct loans come directly from the federal government instead of private lenders. I believe loans have to be paid back but most grants do not. you can find more information at federaldirectloans.com
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Related questions

How do you apply for federal Pell Grants?

Description : How do you apply for federal Pell Grants?

Last Answer : By filling in the paper based FAFSA form and mailing it or by submitting an online FAFSA form. Be sure to file the FAFSA by March 10 for the next academic school year. I do not know im not sure ... pell grants these grants do not have to be paid back “How do you apply for federal Pell Grants?”

Pell Grants: Breaching the Financial Walls of Higher Education?

Description : Pell Grants: Breaching the Financial Walls of Higher Education?

Last Answer : The Pell Grant, originally known as the Basic EducationalOpportunity Grant (BEOG), was established in 1973 by SenatorClaiborne Pell from Rhode Island. The program was originallyconceived during the 1972 ... thestudent must have earned a highschool diploma or GED and not yethave completed a Bachelo

Are Pell grants like free money?

Description : Are Pell grants like free money?

Last Answer : If you earn a Pell Grant for college, you do not have to repay it. The Pell Grant helps people go to college who otherwise would not be able to afford the total costs.

What are the interest rates on Pell grants?

Description : What are the interest rates on Pell grants?

Last Answer : A Pell Grant is Federal Aid for undergraduate students. If the student's parents make less than $50,000 a year, the student would qualify for the Pell Grant. The maximum amount of money a student can ... the Pell Grant is $5,550. You never have to pay back the money received from a Pell Grant.

Can I obtain Pell grants after the application deadline?

Description : Can I obtain Pell grants after the application deadline?

Last Answer : There are a lots of organizations that provide financial aids and grants for students like you. One of these is Federal Pell Grant. They will pay your tuition for you. All you have to do is be eligible for the grant.

What Pell grants are available for minorities?

Description : What Pell grants are available for minorities?

Last Answer : Pell grants are not based on rate but are based on need. Based on either your income or most likely your parent's income, you will be given Pell Grant money.

Does it matter which lender I choose for my federal student loans?

Description : Does it matter which lender I choose for my federal student loans?

Last Answer : The differences have to do with the fine points of repayment. Check out this article to see if any of these apply to one or the other. Also, Fifth Third bank has had some problems with government auditors. Good luck, PnL!

Am I eligible for federal student loans if I attend dog grooming school?

Description : Am I eligible for federal student loans if I attend dog grooming school?

Last Answer : Federal Student loans are available only for educational purposes. A dog grooming school would not qualify as such.

Where can I find information about federal student loans?

Description : Where can I find information about federal student loans?

Last Answer : You can find a lot of information about federal student loans online. There are many websites where you will be able to ask further questions and get help from other people.

Repayment of Federal Student Loans?

Description : Repayment of Federal Student Loans?

Last Answer : A majority of college students require some financial aid to attend their school and federal student loans are one option for funding an education. Federal student loans have a set interest rate and ... the time an individual is in school but have lower limits for borrowing than unsubsidized loans.

What is the interest rate on federal student loans?

Description : What is the interest rate on federal student loans?

Last Answer : The current interest rate on direct subsidized federal Stafford loans for undergraduate students is 3.4%. The interest rate for graduate and professional students and on all unsubsidized loans is 6.8%.

What are the differences between federal student loans and private?

Description : What are the differences between federal student loans and private?

Last Answer : Federal student loans have a feature where you can pay them back after you graduate school and get a job, while private loans make you pay for them while you are going to school, you should try to get a grant first before applying for any loan, because of the interest rates. www.finaid.org

Take Out Subsidized Federal Student Loans?

Description : Take Out Subsidized Federal Student Loans?

Last Answer : When taking out federal student loans, try to take out the maximum amount of subsidized loans possible. Subsidized loans carry a lower interest rate than non-subsidized loans. You can end up saving ... subsidized loans. You should always try to qualify for as much subsidized loan money as possible.

Federal Direct Stafford Loans?

Description : Federal Direct Stafford Loans?

Last Answer : For many students looking to attend a post-secondary institution, the mountainous costs of attendance and tuition can seem to be insurmountable obstacles; however, due to federal and state loan programs, ... should be chosen as a first option if loans are a necessity for paying for college.

How can I get direct student loans?

Description : How can I get direct student loans?

Last Answer : Go to banks and they can show how to get direct student loans. Also consider searching the web for direct student loans, and ask trusted friends, colleagues, and family members about this direct student loans. good luck.

Other than FAFSA/gov't grants/loans, how can I fund my graduate education?

Description : Other than FAFSA/gov't grants/loans, how can I fund my graduate education?

Last Answer : Your best bet is to research the schools you're interested in and look at what they offer in terms of assistantships. A good assistantship will cover tuition and provide a stipend. Assistantships generally come ... adequately. Feel free to leave a comment on my user page if you need any more help.

Are there any scholarships, grants or financial assistace other than loans available for the 50+ crowd (male) who want to attend college?

Description : Are there any scholarships, grants or financial assistace other than loans available for the 50+ crowd (male) who want to attend college?

Last Answer : It might help to know where you live. Not all colleges have the same programs, and knowing about ones closer to you may be preferable. Some colleges, for instance, offer discounts for older folks. For instance, my local community college offers free classes to those 65 and over.

I'm an adult: Where do I start to look for scholarship, loans and grants?

Description : I'm an adult: Where do I start to look for scholarship, loans and grants?

Last Answer : I would first fill out a fafsa, they can greatly help you find these scholarships. After that, I would try to contact the school you wish to attend. Then, you may look on sites like scholarships.com or the other various sites built to help people get an education

what is the cutoff date to accept loans and grants for wvu

Description : what is the cutoff date to accept loans and grants for wvu

Last Answer : Need Answer

What are available loans and grants for those in poverty?

Description : What are available loans and grants for those in poverty?

Last Answer : You can check with your guidance counselor for the most up to date information on student . Another great source for student loans is http://www.SallieMae.com.

Resources transferred from the Government of India to States are termed `statutory' if they are made (1) in the form of loans (2) on the recommendations of the Planning Commission (3) on the recommendations of the Finance Commission (4) in the form of grants

Description : Resources transferred from the Government of India to States are termed `statutory' if they are made (1) in the form of loans (2) on the recommendations of the Planning Commission (3) on the recommendations of the Finance Commission (4) in the form of grants

Last Answer : (3) on the recommendations of the Finance Commission Explanation: in an explicit recognition of vertical and horizontal imbalances, the Indian Constitution embodies enabling and mandatory provisions to ... have to bring about uniform income and services and economic integration among the states.

us there other grants besides federal grant for dcollege?

Description : us there other grants besides federal grant for dcollege?

Last Answer : is there other grants besides federal grant for college

Where can I find a list of Federal Grants that are available for small businesses?

Description : Where can I find a list of Federal Grants that are available for small businesses?

Last Answer : You can find good amount of information about Federal Grants available for small businesses by following these links-http://usgovinfo.about.com/od/smallbusiness/a/stategrants.htm; http://www.federal-grants.net/; AND http://www.grants.gov/

Are there federal grants for home improvements?

Description : Are there federal grants for home improvements?

Last Answer : Yes, it is possible to get a grant for home improvements. There is a book by Matthew Lesko which explains everything.

Is there a federal web-database of grants for college students?

Description : Is there a federal web-database of grants for college students?

Last Answer : The federal government does in fact have a website that details different types of grants and scholarships at http://studentaid.ed.gov/types/grants-scholarships It is easy to navigate and provides many additional links for your niece's research.

How to Find Federal Grants?

Description : How to Find Federal Grants?

Last Answer : Today, the federal government offers a variety of funding opportunities. This is a chance for people to find resources to work on key projects, develop small business ideas and improve the nation ... for people who want to discover the different types of federal grants that are currently available.

What scholarships/grants are available to a high-school student who wants to go on a 10 day trip to France and Italy to study art?

Description : What scholarships/grants are available to a high-school student who wants to go on a 10 day trip to France and Italy to study art?

Last Answer : Ask the foreign language teachers or school curriculum guidance advisers.

Where can I find a list of student grants for college online?

Description : Where can I find a list of student grants for college online?

Last Answer : The best place to find a list of many student loans is at nslds.ed.gov. This website shows many options available to you.

Do you have to pay student grants back?

Description : Do you have to pay student grants back?

Last Answer : No, you do not need to pay back grants. Grants are like scholarships and are free money!

Do You Have To Pay Back Student Grants?

Description : Do You Have To Pay Back Student Grants?

Last Answer : One of the best ways to pay for a college education is to get student grants to do it for you. These grants can be obtained from the government, among a number of other sources. Sometimes, ... you use grants to pay for your education, you will have much more financial freedom in the future.

The Classification Of Student Grants?

Description : The Classification Of Student Grants?

Last Answer : Although student loans and student grants for college may seem like similar concepts, there is one important difference between them: Loans have to be repaid once a student graduates, but grants do not. ... will only take a small amount of online research for a student to find that perfect grant.

List of grants for college student?

Description : List of grants for college student?

Last Answer : There is a website that offers a list grants for college students, it is called The College Grant Database. They also offer help in applying for these grants. The following is a link to that website, http://www.collegegrant.net/

are there federal programs to reimburse teachers for school loans they already paid

Description : are there federal programs to reimburse teachers for school loans they already paid

Last Answer : Need Answer

Has the Federal Reserve increased the rates for small business loans, and if so by how much?

Description : Has the Federal Reserve increased the rates for small business loans, and if so by how much?

Last Answer : The Federal Reserve does not set the rates for small business loans. They set the Federal Discount Rate-- the rate at which banks may borrow directly from the Fed. Since this is the rate ... they always charge more than this rate for loans. SBA.gov administers Federally Backed small business loans.

Where can I find information about federal loans?

Description : Where can I find information about federal loans?

Last Answer : Students may need assistance with paying for college. Luckily, there are loans available to help them. The website www.nslds.ed.gov is a great website to find information for the loans.

4. Which of the following is true about the Federal Reserve System (Fed)? a. it is a system of 12 central banks b. its Board of Governors is elected by a vote of the people c. its main policy-making body is the FDIC d. it accepts deposits from the public and makes loans to businesses e. all of the above

Description : 4. Which of the following is true about the Federal Reserve System (Fed)? a. it is a system of 12 central banks b. its Board of Governors is elected by a vote of the people c. its main policy- ... is the FDIC d. it accepts deposits from the public and makes loans to businesses e. all of the above

Last Answer : a. it is a system of 12 central banks

Do I need to pay off both student loans before I can receive FASFA agian?

Description : Do I need to pay off both student loans before I can receive FASFA agian?

Last Answer : Did you look at the FAFSA website?

Can homeless people get student loans?

Description : Can homeless people get student loans?

Last Answer : It may depend on their credit rating. When I got a federally insured student loan, it was for schooling only and the school received it all. After I had been out of school for six months I had to start ... about $60 a month, the last six months about $110 a month. (Didn't have to pay that back.)

Do you know that your student loans can sometimes be forgiven if you have a permanent severe disability?

Description : Do you know that your student loans can sometimes be forgiven if you have a permanent severe disability?

Last Answer : Toast with jam, if dropped will land jam side down.

I'm a freelancer. How can I get US$ 4000 in two months to pay my tuition fees? (No student loans are available in my country and crowdfunding isn't an option)

Description : I'm a freelancer. How can I get US$ 4000 in two months to pay my tuition fees? (No student loans are available in my country and crowdfunding isn't an option)

Last Answer : Sell things. Ask family for money. Get a few more jobs. Sell your plasma. You dont specify your languages or skills, or your country. You coming here to study? Too many unknown factors.

Taxes and Student loans. How many exemptions should I have?

Description : Taxes and Student loans. How many exemptions should I have?

Last Answer : I never knew paying off a student loan lowers your taxes?? I’ll be interested in the answers. You can write off the interest I think, just like a house mortgage. That isn’t a reason to keep the loan though. If you can pay it off pay it.

How long would you stay in an agony booth (from Star Trek reverse dimension) in order to pay a portion of your student loans? (Details inside )

Description : How long would you stay in an agony booth (from Star Trek reverse dimension) in order to pay a portion of your student loans? (Details inside )

Last Answer : answer:I don't think the Agony Booth electrocutes people. It uses nerve induction to directly stimulate the pain receptors of the brain without causing physical damage. There's a limited amout of pain ... achieving a deeper and deeper level of meditation. Getting paid for this would just be a bonus.

Can you go to jail if you can't pay back loans, such as student loans?

Description : Can you go to jail if you can't pay back loans, such as student loans?

Last Answer : No, you can’t go to jail. You may end up bankrupt, and you may be in debt for a long time. But you won’t go to jail.

Can I immigrate to the UK if I owe student loans in the US?

Description : Can I immigrate to the UK if I owe student loans in the US?

Last Answer : What @FutureMemory is trying to say is that you need a WORK permit, you cannot just go to the UK to look for work. There about 2.5 million unemployed in the UK, looking for work.

Have you ever used Sallie Mae for student loans as an undergraduate?

Description : Have you ever used Sallie Mae for student loans as an undergraduate?

Last Answer : Additionally, where should I apply for loans? I am trying to stick to Government approved loans, so Sallie Mae probably not what I’m looking for, however there seems to only be one option for my school called the “William D. Ford Direct Loan Program”

Did you apply for student loans just because you could?

Description : Did you apply for student loans just because you could?

Last Answer : answer:No, my parents didn’t pay for anything. They couldn’t have afforded it. I got through college on a combination of scholarships, student loans and part-time jobs.

Alternatives to borrowing a couple grand for school (a post-grad program) without going the way of student loans?

Description : Alternatives to borrowing a couple grand for school (a post-grad program) without going the way of student loans?

Last Answer : Will your current employer sponsor you? Some companies and organisations will (though most don’t). You could approach your boss about it, unless you’re undertaking further education to get out of the job!

Is there a student loan insurance market and where can I find detailed data of student loans in the U.S.?

Description : Is there a student loan insurance market and where can I find detailed data of student loans in the U.S.?

Last Answer : I found an article about student loan insurance, but that was all I found. Here is site about federal student loans/financial aid.

How can I help my brother with his student loans?

Description : How can I help my brother with his student loans?

Last Answer : answer:Unfortunately, it doesn't seem to me that there's much you can do to help if you don't have money to share with him. Your brother seems (understandably) upset by the situation - could it be ... , they could be a nice interest-free source to borrow that money from. I wish you both the best!

Do you regret taking student loans?

Description : Do you regret taking student loans?

Last Answer : Well I don’t regret it yet, but yes, I apparently will. Either way though, it seems that I exist merely to pay for things, so even if I hadn’t got any, I’d still be paying things off everywhere, so what the hell.