Types of Financial Aid

Loan Programs

Federal Direct Student Loans

NEW Direct Loan information 

Direct Loans are available to all students enrolled in a degree program who are U.S. citizens or eligible non-citizens. The maximum loan amounts for an academic year are $5,500 for first-year undergraduates, $6,500 for second-year undergraduates, $7,500 for third- and fourth-year undergraduates, and $20,500 for graduate students enrolled in at least six hours of graduate-level course work. Students considered independent of parental support for financial aid purposes or whose parents cannot borrow PLUS are eligible for additional amounts.

Regardless of a family’s ability to pay college costs, any degree-seeking student who is a U.S. citizen or an eligible non-citizen may be eligible to receive a federal student loan. For students with financial need determined by the FAFSA, a portion of the loan is subsidized, which means the federal government pays the interest while the student is enrolled at least half-time. Students who do not have financial need are awarded unsubsidized loans. The student is responsible for interest that accrues on unsubsidized loans. Financial aid award packages state whether a loan is subsidized or unsubsidized. 

For more information, please visit the Direct Loan Servicing Online Web Site.

For questions on your Direct Loan, please see the Direct Loan Question Center.