Federal Direct Loans

Borrowing money for college is a serious financial obligation. Students are advised to borrow only what they actually need.

The William D. Ford Federal Direct Loan Program offers loans for eligible students and their parents to cover educational expenses. Federal Direct Loans include:

The interest rate for new subsidized and unsubsidized loans first disbursed on or after July 1, 2019 and before July 1, 2020 is a fixed 4.53 percent, with the exception for subsidized undergraduate loans. The interest rate for PLUS loans first disbursed on or after July 1, 2019 and before July 1, 2020 is a fixed 7.08 percent.

Resources for Federal Direct Loan Borrowers

Contact

The Office of Financial Aid and Scholarships
Phone: 407.708.2045
Fax: 407.708.2323

Federal School Code: 001520