Federal Direct Stafford Loans are generally known as Direct Loans or Federal Direct Loans.


You need to submit an application for school funding making use of the FAFSA. You will never be immediately offered a Direct Loan. You must request the loan from the financial aid office if you want to borrow from the Direct Loan program. You do not need the funds, you may decline the loan by contacting the financial aid office if you request a Direct Loan and later decide.

Subsidized Loans

You are eligible for a subsidized Direct Loan if you are an undergraduate student and have financial need. No interest will be charged as long as you maintain at least half-time enrollment (6 credits) with subsidized loans. Monetary need could be the difference between price of Attendance and your Expected Family Contribution. Read the rest of this entry