Federal Family Education Loan Program

   The United States Department of Education has put together the Federal Family Education Loan Program. This is a student loan program that makes it easyer for private lenders to market, originate, and service federally guaranteed loans. Both non-profit as well as commercial private organizations participate in the Federal Family Education Loan Program. These private organizations profit on these student loans by collecting origination fees and interest margin. Funding for the Federal Family Education Loan Program has decreased the past couple of years but its still a very usefully program. The very student loan you end up with may have been made possible by the Federal Family Education Loan Program.