Trying to get Federal Direct Figuratively Speaking. Federal Direct Loans The Atlantic Cape Community College school funding workplace encourages pupils to explore various funds and scholarship opportunities also to assess loan choices very very carefully. While loans contain economic support which allows you to definitely distribute the price of education with time, pupils should borrow only what exactly is required and keep in mind that loans should be paid back. Federal Direct figuratively speaking are a type of pupil “self help” school funding where pupils borrow funds for university through the government. We urge all first-time borrowers to invest some additional time learning in regards to the loan procedure so that they can make informed alternatives throughout their education.