FFELP Student Loans – Federal Family Education Loan Program
Over $50 billion in student loan funds were paid out in 2006 under the Federal Family Education Loan program. States in 1966 this program is the basis for student loan programs such as the Perkins loan, the Stafford loan and PLUS. This program was started by an Act of Congress and has distributed billions upon billions of dollars to students for their education over the last 40 years.
