Federal Direct Student Loan
- Visit studentaid.ed.gov for Direct Student Loan information.
- Interest rates
- Origination fee
- Loan is deferred while the student is in school.
- Subsidized (interest paid by the government while the student is in school) or Unsubsidized (interest accruing while the student is in school) eligibility is determined by the FAFSA calculation.
- Repayment – when the student graduates or drops below half-time status they have a six-month grace period before starting repayment.
An online Entrance Counseling and Master Promissory Note (MPN) are required.