Direct Loan Program


Also found in: Acronyms.

Direct Loan Program

Fixed-rate loans offered by the Ex-Im Bank directly to the foreign buyer to purchase US capital equipment and services.

Direct Loan Program

A division of the ExIm Bank that makes loans to foreign companies with the requirement that they use the proceeds to buy American exports. Direct loans are made for the foreign company's capital outlays; they carry a fixed interest rate. See also: Federal Direct Student Loan Program.
References in periodicals archive ?
Federal Direct Unsubsidized Loans and Grad PLUS would continue to be made until June 30, 2019, to students with outstanding Direct loan Program loans.
Lynne Myers, director of financial aid at the College of the Holy Cross in Worcester, said her school switched to the direct loan program prior to 2010 to give students a guarantee that they wouldn't end up with multiple lenders.
Consider first the partial equilibrium effects of the direct loan program where the effect of the change of interest rate is not taken into account.
Borrowers with FFELP loans continue to consolidate into the Direct Loan program to access certain protections and benefits including the Public Service Loan Forgiveness Program, the nonaccrual of interest for servicemembers serving in areas of hostilities, and certain income-driven repayment plans.
The CFPB, using Department of Education survey data, developed a ranking system for student loan servicers that measured participant satisfaction in Sallie Mae's Direct Loan program.
The bill required the origination of federally guaranteed student loans under the Direct Loan Program run by the U.
To minimize the burden on campus financial aid offices, the Education Department would service many new Perkins Loans much as it does in the government's Direct Loan program.
As of July 2010, these loans were funded through the Federal Direct Loan Program rather than private lenders; beginning in July 2012, subsidized Stafford loans for graduate students will no longer be available, and the origination fee will be 1.
All new federal student loans will be made through the Direct Loan Program, whereby students borrow directly from the U.
A panel examining student financial aid recommended on that the General Assembly require all 58 campuses to participate in the federal government's Ford Federal Direct Loan Program.
Congress, however, acted to keep the private student lending industry healthy, both by starving the direct loan program and approving the privatization of the Student Loan Marketing Association.
Under the Federal Family Education Loan Program (FFELP) and the Federal Direct Loan Program (FDLP), the government guarantees and makes consolidation loans to help borrowers manage their student loan debt.