Direct Loan (DL) Program

Financial Aid Glossary
Written By HESC Marketing

The DL Program is a federal loan program that includes subsidized Stafford Loans, unsubsidized Stafford Loans and Parent/Grad PLUS Loans. Funds for these loans are provided by the Department of Education. The student is the borrower of Stafford and Grad PLUS Loans, and the parent is the borrower (on behalf of the student) of Parent PLUS Loans.

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