Federal Direct Stafford Loans are awarded by the Financial Aid Office to eligible undergraduate and graduate students enrolled at least half-time in an eligible degree or certificate program to pay for their educational costs. Borrowers must file a FAFSA to be considered for this loan.
The loan may be subsidized (for undergraduate students only) or unsubsidized depending on your need as determined by information on your FAFSA. The federal government will pay the interest (subsidize) on subsidized loans while you’re in school, for the first 6 months after you graduate or leave school, and any periods of deferment. Or, the loan may be unsubsidized. Interest on unsubsidized loans will start accruing at the time of each disbursement.
For information on the Federal Direct Loan program, please refer to Direct Loan Basics for Students.
Are you a first-time borrower or a borrower that has a zero a Stafford loan balance? Read important information about the "150% Direct Subsidized Loan Limit".