Federal Direct Subsidized and Unsubsidized Stafford Loans

This federal program provides low-interest loans to students. Students must file the FAFSA to determine their eligibility for this program. Students who have already attained a bachelor’s or professional degree are eligible to apply for this loan.

The maximum amount students can be awarded is determined by dependency status, number of completed credits, and financial need. 

Students must be registered for a minimum of 6.0 credits per quarter each quarter they request a loan to be eligible for either type of loan. Repayment of the loan begins at the end of a six-month grace period after students graduate, stop attending, or are registered for fewer than 6.0 credit hours per quarter.