Search results for “legacy student loans”
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How to Tell Which Type of Old Student Loan You Have
The authoritative answer is in your federal student aid account, which lists every federal loan in your name by its official type, its…

Consolidating FFEL Loans Into a Direct Consolidation Loan: What You Gain and What You Lose
Consolidating FFEL loans into a Direct Consolidation Loan converts legacy debt into a Department-held Direct Loan, which is what unlocks…

What Is an FFEL Loan, and How Is It Different From a Direct Loan?
An FFEL loan is a federal student loan made by a bank or other private lender under a federal guarantee, through a programme that stopped…