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Federal Direct Stafford Loans are generally known as Direct Loans or Federal Direct Loans.

四月 29, 2020 - 8:26 上午 No Comments

Federal Direct Stafford Loans are generally known as Direct Loans or Federal Direct Loans.

Form

You have to submit an application for educational funding utilising the FAFSA. You will never be automatically offered a Direct Loan. If you wish to borrow through the Direct Loan system you have to request the mortgage through the school funding office. You do not need the funds, you may decline the loan by contacting the financial aid office if you request a Direct Loan and later decide.

Subsidized Loans

You are eligible for a subsidized Direct Loan if you are an undergraduate student and have financial need. No interest will be charged as long as you maintain at least half-time enrollment (6 credits) with subsidized loans. Economic need could be the distinction between price of Attendance and your Expected Family Contribution.

Qualifying Credits and Programs

You need to just take at the least 6 credits per semester. You really must be accepted for admission to a degree-seeking system (including qualified certificate programs).

Unsubsidized Loan

The unsubsidized loans are charged mortgage loan of 4.53% and it is open to pupils that do maybe maybe maybe not be eligible for the loan that is subsidized. (更多…)