Types of Federal Aid
The Federal Direct Loan Program enables students to borrow money for educational expenses. There are two types of direct loans: subsidized and unsubsidized. Subsidized loans have no interest charged while the student is enrolled at least half-time. Unsubsidized loans accrue interest during all periods. All terms and conditions of these loans will be provided when you complete the Entrance Counseling, Master Promissory Note (MPN) and Annual Student Loan Acknowledgment
Students applying for federal financial aid must be a United States citizen or a permanent resident alien with a valid FAFSA on file. For more information about eligibility, please visit: studentaid.gov
Direct Loan Origination Fee Calculator
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All amounts are represented in U.S. dollars.