Students must be enrolled for at least six credit hours each semester. To apply, complete a PLUS loan application available in the University Financial Aid Office. Federal Direct Subsidized Student Loan Undergraduate and graduate students demonstrating need can apply for a Federal Direct Student Loan. While the borrower is enrolled at least half-time there is no interest or principal to pay. Repayment of principal and interest begins six months after the student ceases to be enrolled for at least half-time.
Awards vary depending on the students grade classification and dependency status.
Borrowers who receive this loan must either make interest payments while enrolled or have the interest capitalized for repayment later. Repayment of principal begins six months after the students ceases to be enrolled for a least half-time. Awards vary depending on the students classification and dependency status. The Federal Direct Plus Loan is available to parents of dependent undergraduate students. This loan is not need based.