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What is the difference between the Direct Loan Program and the Federal Family Education Loan (FFEL) Program?

April 26, 2017difference Education family Federal FFEL loan program

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What is the difference between the Direct Loan Program and the Federal Family Education Loan (FFEL) Program?

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The primary difference is the funding source. FFEL program loans came from private banks and other lending institutions, while the Direct Loan programs funds come from the federal government.