Office of Financial Aid

APPLYING FOR FEDERAL DIRECT STUDENT LOANS

• Complete the FAFSA (Free Application for Federal Student Aid)
• Complete Loan Entrance Counseling
• Complete Loan Master Promissory Note (MPN)
  

FEDERAL DIRECT SUBSIDIZED AND UNSUBSIDIZED LOANS

Subsidized loans are awarded to the students with a greater financial need for the loan. The government pays interest on these loans while the student is in school. This means that the student does not begin accruing any interest on the loans until 6 months after graduation.

Federal Direct Parent Loan for Undergraduate OR FEDERAL DIRECT GRADUATE PLUS LOAN

Parent Loan for Undergraduate students (PLUS)

Federal Direct PLUS Loan for Graduate Student

PRIVATE/ALTERNATIVE LOANS

UNCP Alternative Loan Information

Discloser-Make sure you take advantage of the Federal Direct Loans first.

Loan Deferment and Forbearance