The Federal Stafford (subsidized and unsubsidized), Federal PLUS, and Federal Consolidation loan programs. Private lenders provide funds for these programs and the federal government guarantees the loans.
The collective name for the Federal Stafford (subsidized and unsubsidized), Federal PLUS Loan, and Federal Consolidated Loan programs. Funds for these programs are provided by private lenders and the loans are guaranteed by the federal government.
The FFELP includes Subsidized and Unsubsidized Federal Stafford Loans, Federal PLUS Loans for parents and Federal Consolidation Loans. The loans are provided by private lenders, insured by guaranty agencies and backed by the federal government.