Direct Loan Program

Direct subsidized loan and direct unsubsidized loans are federal student loans offered by the U.S. Department of Education to eligible students who file a FAFSA. Dependent Students maximum loan amounts are $5,500 (no more than $3,500 may be subsidized) for freshmen, $6,500 (no more than $4,500 may be subsidized) for sophomores, and $7,500 (no more than $5,500 may be subsidized) for juniors and seniors. Effective loan interest rates for the 2025-2026 academic year can be viewed online at studentaid.gov.  Repayment of the interest and principal begins six months after graduation, dropping below half time or enrollment ceases. An Entrance Interview and Exit Interview are also required for any student receiving a Direct Loan. To apply for a Direct Loan, students must complete the FAFSA online at www.studentaid.gov. A master promissory note, entrance counseling and exit interviews must be completed online at www.studentaid.gov.