William D. Ford Federal Direct Loan Program

The William D. Ford Federal Direct Loan Program is a government initiative that provides students with loans to help finance their education. Under this program, the U.S. Department of Education lends money directly to students and their parents for college expenses. There are different types of loans available, including subsidized loans (where the government pays the interest while the student is in school) and unsubsidized loans (where the student is responsible for all interest). Repayment options and forgiveness programs are also offered, making it a flexible choice for funding higher education.