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 ?
In turn, the first part of this report provides a detailed look at the defunct FFEL program and the existing Direct Loan program, including how each one evolved since the federal student loan program's inception in 1965.
The model further suggests that it is important for the government to impose quantity limits in its direct loan programs or in guarantee programs where the government fixes the borrowing rate, in order to avoid excessive borrowing by bad borrowers.
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.
College Cost Reduction Act Will Increase Cost for Students, supra note 104 ("These are most certainly savings that the government's Direct Loan program can't come close to duplicating.
Anyone with federal student loans who works at least 10 years in public service professions and makes income-based payments through the Direct Loan program would have any remaining loan balance completely forgiven after 10 years.
While Miller's office faults the program that guarantees rates of return to ``middleman'' private lenders, McKeon says the government's direct loan program is wasteful.
The Rural Housing Service provides direct loans to developers of affordable multifamily rental housing through the 515 direct loan program.
Department of Agriculture announces the termination of the REA 2% direct loan program.
The result is that 62 colleges and universities have dropped the direct loan program and more are planning to do so.
ACS has provided IT and BPO services to the DoE since 1993, including systems development, integration, management, operations, and customer service for its direct loan program.
Informatica Power Center is used in the Students Channel for administering the Federal Direct Loan Program and in the Financial Partners Channel that deals with student lending among financial partners that include guarantee agencies, lenders, and loan servicers.