Federal Direct Student Loan Program - FDSLP

Filed Under » , ,
Dictionary Says

Definition of 'Federal Direct Student Loan Program - FDSLP'

A program that provides low-interest loans to postsecondary students and their parents. The William D. Ford Federal Direct Student Loan Program is issued and managed by the U.S. Department of Education and is the only government-backed loan program in the United States. Students who wish to apply for funding from the FDSLP must first submit the Free Application for Federal Student Aid (FAFSA).
Investopedia Says

Investopedia explains 'Federal Direct Student Loan Program - FDSLP'

Several types of loans are available under the FDSLP, including subsidized direct loans, unsubsidized direct loans, Direct Plus Loans and Direct Consolidation loans. All loans that are granted through the FDSLP have maximum amounts set each year, with each successive year allowing for an increase in the total maximum yearly amount, with set aggregate amounts.

Sign Up For Term of the Day!

Try Our Stock Simulator!

Test your trading skills!

Related Definitions

  1. Education Loan

    Money borrowed ...

  2. 529 Plan

    A plan that ...

  3. Qualified Higher Education Expense

    Expenses such as ...

  4. Free Application Of Student Aid - FAFSA

    The form that ...

  5. PLUS Loan

    A low-cost ...

  6. Stafford Loan

    Federal, ...

  7. Higher Education Act of 1965 – HEA

    A law designed ...

  8. Twinternship

    An internship in ...

  9. Average Age Of Inventory

    The average ...

  10. London Business School

    A school of ...

Articles Of Interest

  1. College Loans: Private Vs. Federal

    Not all student loans are the same. Know what you're getting into before signing on the dotted line.

  2. Student Loan Deferment: Live To Pay Another Day

    Extending your principal repayment date can increase your chances of fighting off default.

  3. Pay For College Without Selling A Kidney

    Save thousands of dollars on tuition with these tricks and little-known programs.

  4. Student Financial Aid Changes: FAFSA 2009

    The Free Application for Federal Student Aid got an upgrade in 2009. All those applying should be aware of these improvements.

  5. Your Kid's College Loan: Who Should Foot The Bill?

    Discover the federal student loan options for both parents and students.

  6. All About Student Loans

    Student loans bridge the gap between college savings, scholarships and the part-time work.

  7. Balance Work And Grad School

    The advantages enjoyed by successful work-study participants are well worth the time and effort exerted.

  8. The Impact Unpaid Internships Have On The Labor Market

    The dramatic increase in unpaid internships has given rise to favorable and unfavorable arguments based on their impact on the students/interns, the labor force and the economy as a whole.

  9. 5 Ways To Fund A College Education

    You can go to college without going broke, but it may take an unconventional approach.

  10. 4 Ways To Get A Head Start On Your Financial Career

    Breaking into the finance business is tough, but these tips can help.
Sponsored links

comments powered by Disqus
Hot Definitions

  1. Love Money

  2. Shark Watcher

  3. Judo Business Strategy

  4. Dogs Of The Dow

  5. Chinese Hedge

  6. X-Mark Signature

Recommended
Loading, please wait...
See More »
Trading Center