Federal Loans

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Understanding Federal Loans  |  Federal Loans You May Qualify For

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Understanding Federal Loans

To be considered for federal financial aid, you must be a U.S. citizen or an eligible non-citizen admitted as at least a half-time student to a degree program.

If you are taking courses but are not yet admitted into a degree program, then you do not qualify for federal or state aid.

It is your responsibility to supply accurate and complete information on the FAFSA and to notify your financial aid office immediately of any changes in your enrollment plans, housing status, or financial situation, including information about any institutional or outside scholarships you will be receiving.

Determination of your financial need may be based upon the number of courses for which you register. If you enroll in fewer courses than you initially reported, your financial aid may be reduced or eliminated.

University-administered federal awards are not automatically renewed each year. Continuing students must submit a Renewal FAFSA each year by their financial aid office's deadline. Renewal depends on the annual re-evaluation of your need, the availability of funds, and satisfactory progress toward the completion of your degree requirements.

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Federal Loans You May Qualify For


If you are...You may qualify for a...

an undergraduate student

Direct Unsubsidized Loan

an undergraduate student with demonstrated financial need

Direct Subsidized Loan

an undergraduate student with exceptional financial need

Perkins Loan

a graduate student

Direct Unsubsidized Loan

a graduate student who is credit-worthy

Direct PLUS Loan

a parent who is credit-worthy

Direct PLUS Loan

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