Federal Direct Loans (FDL) are federal funds that a student borrows from the Department of Education and must be repaid. The FAFSA determines a student's financial need, and therefore, what type of loan(s) a student is eligible for.
A student must meet the following criteria to be eligible for Federal Direct Loans:
Depending on your financial need as determined by the FAFSA, there are two types of Federal Direct Loans you are eligible for:
A student may be eligible for both loan types or only the Unsubsidized Loan based on financial need.
** Please note, The Financial Aid Office may also limit an individual student's approved loan amount based on a number of factors:
Having trouble repaying your loan(s), help is available!Find out more about repaying your loans!
Here is more info about loan payment options.
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