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Loans

These programs help a student borrow money in the form of a student loan. For more information, consult the Federal Student Aid Home Page.

These programs are loans and must be repaid.

Name

Minimum Award

Maximum Award

Repayment Required

Federal Direct
Subsidized Loan

$200

$3,500 (fresh.)
$4,500 (soph.)

Yes

Federal Direct
Unsubsidized Loan

$200

$4,000*

Yes

Federal Direct
Unsubsidized Loan (Additional)

$200

$2,000

Yes

Federal Direct
PLUS Loan

$500

Cost, less estimated FA

Yes


* “Independent” students only; also subject to office approval.

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