These loans include the Federal Direct Subsidized Loan, the Federal Direct Unsubsidized Loan, and the Federal Direct Parent Loan. These loans are provided directly from the U.S. Department of Education via the Federal Direct Loan Program. These loans are available through the Financial Aid Office. Please contact the Financial Aid Office for information.
To be eligible for a subsidized Federal Direct Loan of up to $3500 for year one and $4500 for year two, you must apply for a Federal Pell Grant and submit an Institutional Student Information Report (ISIR) to the financial aid office to evaluate your need and amount eligible for. Students who do not qualify for a subsidized Federal Direct Loan, or need funds beyond these limits should speak to the financial aid officer about an unsubsidized Direct Loan or Federal Direct Parent Loan (FPLUS). The Parent Loan may require your parents to have a good credit rating. Students may defer repayment on the subsidized and the unsubsidized Federal Direct Loans until you leave school. Unsubsidized Direct Loans may be made per school year in amounts up to an additional $2000 for dependent students and $6000 for independent students. FPLUS loans may be in larger amounts according to parent need and capability to repay. Further information and any questions should be directed to the Financial Aid Office.