Maximizing Your Benefits with an EdFed Loan 

It can be tough to navigate the world of student loans. With so many different types of loans and lenders out there, it’s hard to know where to start. But don’t worry – we’re here to help! In this blog post, we’ll give you everything you need to know about We’ll cover topics like repayment options, loan consolidation, and more. So whether you’re a current student or a recent graduate, this post is for you!

Repayment Options

One of the most important things to consider when taking out a loan is how you’ll repay it. With EdFed Loans, you have a few different options. You can choose to make monthly payments, or you can opt for a lump sum payment at the end of your grace period. You can also consolidate your loans, which we’ll talk about more in a minute. No matter what repayment option you choose, EdFed will work with you to make sure it’s affordable and manageable.

Types of EdFed Loans 

There are two types of EdFed Loans: Direct Subsidized Loans and Direct Unsubsidized Loans. 

Direct Subsidized Loans are need-based loans available to undergraduate students who demonstrate financial need. With a Direct Subsidized Loan, the government will pay the interest on your loan while you’re in school at least half-time, during your grace period, and during any periods of deferment or forbearance. 

Direct Unsubsidized Loans are not need-based loans available to both undergraduate and graduate students. With a Direct Unsubsidized Loan, you’re responsible for paying the interest on your loan from the time the loan is disbursed until it’s paid in full. 

Loan Limits 

The maximum amount you can borrow with an EdFed Loan depends on factors such as your year in school and whether you’re considered a dependent or independent student. Dependent students can borrow up to $5,500 per year in Direct Subsidized Loans and up to $20,500 per year in Direct Unsubsidized Loans. Independent students can borrow up to $9,500 per year in Direct Subsidized Loans and up to $20,500 per year in Direct Unsubsidized Loans. Graduate and professional students can borrow up to $20,500 per year in Direct Unsubsidized Loans. 

Loan Consolidation

If you have multiple student loans from different lenders, consolidation can be a great option for you. Consolidation allows you to combine all of your loans into one single loan with one monthly payment. This can make repayment simpler and more manageable. And with EdFed’s competitive interest rates, consolidating your loans with us could save you money in the long run! 


We hope this post has been helpful in giving you an overview of everything EdFed Loans has to offer! We’re here to help you every step of the way, from finding the right loan to repayment and consolidation. If you have any questions or would like more information, please don’t hesitate to contact us. We’re always happy to help!