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Types of loans

Direct Loans

Federal student loans issued directly by the U.S. Department of Education. The only loan type fully eligible for PSLF and every modern IDR plan.

Last updated 2026-05-01

Direct Loans are federal student loans issued and held directly by the U.S. Department of Education (rather than by a bank or other lender under federal guarantee). Almost all new federal student loans since July 2010 are Direct Loans.

Types of Direct Loans

  • Direct Subsidized Loan: For undergraduates with demonstrated financial need. The government pays interest during in-school periods and certain deferments.
  • Direct Unsubsidized Loan: For undergraduates and graduate students. Interest accrues from disbursement, including during school.
  • Direct PLUS Loan: For graduate students (Grad PLUS) or parents of undergraduates (Parent PLUS). Higher interest rates, no need-based determination.
  • Direct Consolidation Loan: Created when you consolidate existing federal loans into a single new Direct Loan.

Why Direct matters

The federal programs that matter most — PSLF, the SAVE Plan, PAYE, TPD discharge — all require Direct Loans. FFEL and Perkins loans are not directly eligible, but they can become eligible after consolidation into a Direct Consolidation Loan.

How to confirm your loans are Direct

Log in to NSLDS at studentaid.gov. Each loan in your account is labeled by type. Anything starting with "Direct" is a Direct Loan. "FFEL" or "Perkins" loans are not Direct Loans and may need to be consolidated to access certain programs.

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