This amount represents amounts of loans disbursed to students from Federal Direct Loan program, Perkins Loan program, and University Loan program The Federal Direct Loans are totally funded by the federal government, Perkins Loans by repayments from former students, and University Loans by repayments from students and contributions
A sum of money loaned temporarily to a student, which must be re-paid upon commencement of work
Student loans are loans offered to students to assist in payment of the costs of professional education. These loans usually carry a lower interest rate than other loans and are usually issued by the government. Often they are supplemented by student grants which do not have to be repaid