Federal Student Loans
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.
Unsubsidized loans begin accruing interest from the date the loan is disbursed to the school.
Federal Direct Parent Loan for Undergraduate or Federal Direct Graduate Plus Loan