The William D. Ford Federal Direct Loan Program allows students to borrow money to help pay for and defer the cost of their college education.  These programs require that all funds be repaid.

First-time borrowers are required to complete Entrance Counseling and a Master Promissory Note (MPN) before the loans can be disbursed.  Exit counseling is also required when a student drops below half-time enrollment or graduates.  You may complete Entrance Counseling, MPN or Exit Counseling electronically via the Student Loans website at

  • Direct Subsidized Loans are only available to undergraduate students who demonstrate financial need as determined by the FAFSA.  The federal government subsidizes the interest on the loan as long as the student is enrolled at least half-time and making satisfactory academic progress.
  • Direct Unsubsidized Loans are available and do not require the student to demonstrate financial need.  The student is still required to complete the FAFSA to be eligible.  The borrower is responsible for the principal and interest from the time the loan is disbursed.
  • Direct PLUS Loans are available as a financial resource to parents of dependent students. The student must meet the general eligibility requirements for federal student aid, but does not have to demonstrate financial need for the parent to be eligible for a PLUS Loan.  A credit history of the parents will be reviewed.  Parents are responsible for repaying the loan.