Stamperia Berardinelli

Federal Direct Stafford Loans are generally known as Direct Loans or Federal Direct Loans.

Federal Direct Stafford Loans are generally known as Direct Loans or Federal Direct Loans.

Form

You have to make an application for educational funding utilizing the FAFSA. You shall never be immediately offered a Direct Loan. You must request the loan from the financial aid office if you want to borrow from the Direct Loan program. You do not need the funds, you may decline the loan by contacting the financial aid office if you request a Direct Loan and later decide.

Subsidized Loans

If you’re an undergraduate pupil and also financial need you will be entitled to a subsidized Direct Loan. No interest will be charged as long as you maintain at least half-time enrollment (6 credits) with subsidized loans. Financial need could be the distinction between price of Attendance and your Expected Family Contribution.

Qualifying Credits and Programs

You need to simply simply take at the very least 6 credits per semester. You really must be accepted for admission to a degree-seeking program (this can include qualified certificate programs). Read the rest of this entry »