The United States has two programs that allow students to consolidate their Stafford Loans, PLUS Loans, and Federal Perkins Loans into one single consolidated debt obligation. This will lower your student loan payments, but may increase the term over which you pay the loan back.
Often called "direct loans," the tuition funding provided the William D. Ford Federal Direct Loan Program (FDLP) is a US Department of Education program that directs student loan funding to those seeking education after high school. The department itself acts as the student lender, providing funds for Stafford and PLUS loans in the same amount as the second program: The Federal Family Education Loan Program (FFELP).
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