Parent and Student Loan InformationA loan is a form of financial aid that must be repaid with interest. The two types of federal education loans are the Federal Direct Student Loan (student loan) and the Federal Direct PLUS Loan (parent loan). These loans have specific regulations and interest rates that are set and monitored by the U.S. Department of Education.
Alternative loans are also available. However, they are not associated with the federal government and are offered directly through private lenders and can carry a higher interest rate.Application Deadlines
You may apply for a Federal Direct Student Loan or Federal Direct PLUS Loan at any point throughout the term for which you want the loan, but you cannot borrow for a term that has already ended. Early completion of your loan application ensures a timely disbursement into your account.
Academic Year 2014/2015
Fall Only 2014: 12/5/2014
Spring Only 2015: 05/4/2015
Academic Year: 05/4/2015
Federal Direct Student LOAN ONLY Instructions and Form
It is important for student borrowers to keep records of all loans requested. The FSA Ombudsman works with student loan borrowers to informally resolve loan disputes and problems. The ombudsman will help borrowers having problems with the following federal loans:
- Federal Direct PLUS Loans (for parents)
- Federal Direct Student Subsidized and Unsubsidized Stafford
- Perkins Loans