Please see Federal Student Aid for additional information about student loans and other student aid programs including grant assistance from your state of legal residence.
There are two types of Federal Direct Stafford Student Loans:
The Federal Direct Subsidized Loan: The U.S. Department of Education pays the interest on the Subsidized Loan amount borrowed while you remain in school at least half-time and continues to be paid through the six month grace period after graduation or leaving higher education. This loan is based on financial need.
The Federal Direct Unsubsidized Loan: You are responsible for paying the interest on the Unsubsidized Loan from the time the loan is disbursed until it is fully repaid. You can pay the interest while in school or allow the interest to accrue. Any accrued interest will be added to the principal balance of loan at the end of your loan grace, or deferment period (capitalized).
In order to provide the best customer service to students, we offer our services in a variety of virtual, online formats. Email is the best way to connect with our staff. Utilizing emails helps us better serve you, giving our staff an opportunity to research your question before responding. Contact your financial aid advisor.