Direct Loans For Students

Direct Lending

The direct lending program provides eligible borrowers access to non-traditional financing instruments offered directly by lenders, without going through a bank. These loans are designed to meet the unique financing needs of certain types of businesses including small businesses and start-ups.

Tax Incentives

In order to encourage entrepreneurship among students, Congress has created tax incentives to provide financial support for student loan repayment programs. The purpose of these provisions is to help individuals who have a high burden of debt repay their student loan obligations.

Federal Loan Consolidation Programs

Federal loan consolidation offers borrowers a way to reduce monthly payments, improve payment terms, and lower interest rates over time.

Student Debt Payment Plans

Student debt payment plans offer a variety of options for refinancing and paying down your student loan obligations. You may choose to pay off your outstanding balance at a higher interest rate while maintaining your current minimum monthly installment amount. Or, you may increase your monthly installments without increasing your overall principal balance. Many student loan providers offer both fixed and variable rate payment plans.

Public Service Loan Forgiveness Program (PSLF)

This provision was established under the William D. Ford Federal Direct Loan Program. Eligible borrowers must make 120 qualifying monthly payments on subsidized federal loans (direct PLUS loans and FFELP loans). Once this threshold is met, the remaining balance of the loan becomes forgiven after 10 years of payments.

Income Based Repayment Plan

An income based repayment plan enables you to cap your monthly payments based on your discretionary income and your adjusted gross income. A borrower’s monthly payment amount is calculated using income information from the previous two calendar years. Payments are capped at 15 percent of discretionary income (adjusted gross income minus 150% of poverty level), unless the borrower earns less than $20,000 annually, then payments are capped at 10 percent of discretionary income.

Pay As You Earn (PAYE)

Under PAYE, loan payments are not included in your taxable income. Instead they are treated as tax deductible and you only pay taxes on any earnings above a set threshold. Borrowers are generally required to begin making payments once their annual salary exceeds 400% of the poverty line (applies to households earning between 100% and 200% of the poverty line, if married filing jointly). If your household income falls below 200%, you can still qualify for PAYE even if your income is above the poverty line.

Direct Loans For Students

Get Paid $25 for Each Loan

Loan Interest Rates Starting at 6.99%

How Does Direct Lending Work:

Payday loans are cash advance loans. Like most loans, they provide short-term financing based on the amount of money borrowed. However, unlike traditional bank loans or cash advances, payday loans don’t require any documentation or approval services. You simply complete a loan application and allow direct deposit of your paycheck (usually two times per month). Cash advances can range from $100 to $1500 depending upon state regulations and the lending institution. If approved, borrowers make one monthly payment at the time of settlement. Upon receiving their funds back from the lenders, borrowers have 30 days to repay their loan completely. If borrowers fail to pay back their full balance, additional fees may apply.

Why Choose Us?

Compare Rates In Minutes

Compare rates instantly and save time. We do the comparison work for you. Enter your information once and get multiple offers.

No Fees And Easy To Understand Terms

No hidden surprises. No credit checks, no faxing and no waiting. Our terms are transparent and simple. There are never any prepayment penalties or hidden charges. Just simple interest payments and minimum term requirements.

Fast Approval

Your application is reviewed online immediately. Your lender may contact you for preapproval between 48 and 72 hours. You’ll receive e-mail confirmation of the transaction details including your access to your funds.

Safe & Secure

We take security seriously. Your personal information, including your email address, is always safe and secure with us. All transactions are processed using industry standard SSL encryption technology.

What’s Included?

Cash Advance Services – Get fast cash today!

Direct Loans For Students

How to apply?

To apply for Direct Loan, please follow these steps:

Click the link below and enter your information

Follow the prompts to complete your application.

You will receive confirmation and instructions after submitting your online application.

What if I need help?

You may contact the Student Aid Information Center (SAIC) at 1-800-4-FED-AID.

The SAIC provides free, confidential counseling and financial aid information over the phone 24 hours a day, seven days a week. All calls are toll-free.

For additional assistance, visit the Federal Student Aid website.

How much does it cost?

If you qualify, you could be eligible for federal student loans based on your financial situation. Visit the National Collegiate Student Loan Consolidation web page to find out how much consolidation costs.

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