Student must be enrolled at least half-time in a degree-granting program. (6 credit hours for undergraduate students; 5 credit hours for graduate students). Student must complete the FAFSA process, Entrance Counseling and a Master Promissory Note.
Note: Students who are enrolled in an Associate’s Degree program may not receive more than the sophomore level loan amount, regardless of the number of earned credit hours they have earned.
Direct loans are automatically awarded to admitted students who complete the FAFSA process each academic year.
Students who need loans to pay their educational expenses are encouraged to accept their federal subsidized and unsubsidized loans before turning to alternative loan resources. The federal loans have advantages that private loans do not have once the student enters repayment, including forbearance options, flexible repayment plans and in some cases loan forgiveness options.
The Direct Loan deadline for each semester is the Friday before examination week. The deadline applies to students who file a FAFSA late in the semester or for students who did not accept all of their offered loans when initially awarded.