#subsidized student loans
Federal Direct Subsidized/Unsubsidized Loans
Both loans require the completion of the Federal Application for Federal Student Aid FAFSA to determine a student’s financial need. The subsidized Direct Loan is for students who have a demonstrated financial need, as determined by the FAFSA. The unsubsidized Direct Loan is a non-need-based loan.
Recipients of a Federal Direct Loan are required to complete entrance counseling before the funds are disbursed. Students must also complete exit counseling upon dropping below half-time status, taking a leave of absence, withdrawing or graduating.
To learn about interest rates, loan fees, eligibility and repayment please read the information provided below. Please click here if you are ready to apply for your loan.
The subsidized Direct Loan is only available to eligible undergraduate students and is interest-free during the student’s enrollment of at least half-time in a degree-seeking program. Interest will begin to accrue if the student drops below half-time or upon the completion of his or her program and the applicable grace period. The unsubsidized Direct Loan begins to accrue interest upon disbursement of the loan.