What Are Loans?
Direct federal loans are a form of financial aid available to assist undergraduate students attending college at least half-time. Students may use the funds to pay for tuition, books, and living expenses. Loans must be repaid at a low fixed-rate.
|Loan Type||Borrower Type||Fixed Interest Rate|
|Direct Subsidized Loans||Undergraduate Students||5.05%|
|Direct Unsubsidized Loans||Undergraduate Students||5.05%|
|Direct Unsubsidized Loans||Graduate/Professional Students||6.6%|
|Direct PLUS Loans||Parents of Dependent Undergraduate Students and Graduate/Professional Students||7.6%|
Financial Aid Contact Center
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Fri: 7:30 a.m. - 5 p.m.