Direct Students Loan

Students can work part time during the school year (up to 20 hours per week) or full time during the summer months and school breaks.
Students who meet the Federal Title IV definition of independent student may receive an additional amount of unsubsidized loan. Students for whom parents borrow Federal Direct PLUS loans do not have to demonstrate financial need.
If you're a regular (degree-seeking) student enrolled in an eligible program of study at least half time, you may receive either a Direct Loan or an FFEL Program Loan. For students whose Direct Loans were first disbursed on or after July 1, 1994, the interest rate is variable, but it will never exceed 8.
The university offers loans from those programs first to students with exceptional financial need. The university encourages students to consider off campus jobs in community service organizations.
The Federal Direct Students Loan Program offers two types of loans to students: unsubsidized and subsidized. The primary difference is the point at which interest begins to accrue: Subsidized loan interest begins to accrue at the end of a six month grace period that begins when the student borrower graduates, ceases to be enrolled, or drops below half-time enrollment (six credits). A student who has financial need will receive a subsidized loan, or a combination of a subsidized loan and unsubsidized loan.