The Federal Direct Student Loan A federal direct student loan is a loan offered by the government to students that need financial help for collage expenses. This program was started by the Department of education and with its help any student can now study properly without having to worry about his financial situation. Without this program, many students who had the intellectual ability of getting through collage but not the...... Similar Editorial : Federal Student Loan by Johnporter. | Source : Consolidate Student Loan Debt