Loans are borrowed money that must be repaid with interest. Low-interest loans are offered by
participating private lenders under the Federal Family Education Loan Program (EFEL), or the U.S.
government under the William D. Ford Direct Loan Program.
To learn more about federal loan programs, go to the U.S. Department of Education website at
QUICK LINKS TO...
Calculate your cost to attend college
What is financial aid and how to apply for it?
U.S. Department of Education Financial Aid Information