It is federally funded and supplemented by University funds. Repayment is deferred with no interest charged while you maintain at least half-time enrollment. Funds are limited and for students with the most need. This loan is eligible for loan consolidation. Federal Direct Loan, Subsidized , is a long-term, low interest loan.
Interest is paid by the federal government during in-school periods and eligible deferment periods.
Repayment begins six months after enrollment drops below half-time status. This loan is eligible for loan consolidation. Work-Study Employment provides eligible students with employment opportunities. Positions are available with eligible employers in University offices, community service agencies, and public or private non-profit organizations. Work-Study wages earned by a student do not have to be repaid.