FEDERAL LOAN PROGRAMS
With careful planning and an understanding of the basics of student loans, you can help ensure that you achieve your academic goals and graduate with a manageable amount of debt.
The U.S. Department of Education (ED) offers Direct Loans through the William D. Ford Federal Direct Loan (Direct Loan) Program. There are three types of Direct Loans that can help students and parents pay for education after high school.
| LOAN TYPE: | AVAILABLE TO: |
|---|---|
| Direct Subsidized Loans | Undergraduate students who have financial need |
| Direct Unsubsidized Loans | Undergraduate, graduate, and professional degree students |
| Direct PLUS Loans | Graduate and professional degree students, and parents of dependent undergraduate students (you must not have a adverse credit history) |