Federal Direct Subsidized/Unsubsidized Loan

Federal Direct Subsidized/Unsubsidized 贷款 are low-interest loans for undergraduate 和 graduate students who complete a FAFSA.

资格

学生必须:

• Have a valid Free Application for Federal Student 援助 (FAFSA)存档;
• Must be fully admitted as a degree-seeking student in an undergraduate or graduate program at Indiana State;
• 必须注册 至少中场休息 when the loan is expected to be disbursed;
• Must maintain Satisfactory Academic Progress (SAP)标准;
• 一定是U.S. 公民或 符合条件的非公民;
• Must not be in default on an educational loan or owe an overpayment on a federal education grant, or other federal debt, or has made satisfactory arrangements to repay that debt;

如何申请

• File the Free Application for Federal Student 援助 (FAFSA);
• Web-Accept your loans on your MyISU Portal.  异常: Summer semesters require a Summer 援助 Request Form;
• The loan will be submitted to the National Student Loan Data System (NSLDS), 和 will be accessible by guaranty agencies, 银行, 和 schools determined to be authorized users of the data system;
• First-time borrowers must complete the Master Promissory Note 和 入学咨询;
• 完成 Annual Student Loan Acknowledgment each year (optional);
• Last day to Web-Accept is Thursday of finals week.

量

Federal Direct Subsidized 贷款

• Collect interest at 0% while the borrower is enrolled 至少中场休息;
• Collect interest at a fixed APR when the borrower graduates or drops below half-time enrollment;
• 需要 an origination fee assessed at disbursement for loans depending on when the loan originates;
• 需要 未满足的需求 as defined by the FAFSA;
• Are only available for undergraduate students.

Federal Direct Unsubsidized 贷款:

• Collect interest at a fixed APR;
• 需要 an origination fee assessed at disbursement for loans depending on when the loan originates;
• Are available for undergraduate 和 graduate students.

Current interest rates are published annually at http://studentaid.ed.gov/sa/types/loans/interest-rates.

Grade levels listed below have been in effect since Fall 2014. Because the Federal Direct Loan program does not require a credit check, it requires both annual 和 cumulative (lifetime) limits as listed below:

Repayment / Disbursement of Funds

• Loan funds are applied to student accounts approximately ten days before the start of the semester.
• Half of the amount applied for is disbursed at the start of the fall semester 和 the other half at the start of the spring semester.
• Funds will first cover direct educational expenses on the student's account.
• Any excess funds are refunded to the student via ACH direct deposit or sent to the student's permanent address.
• Loan amounts will be prorated for undergraduate students graduating in December.
• Borrowers have the right to cancel all or a portion of the loan with no penalty by submitting a 减免贷款表格 within 14 days of disbursement.

To find out more about 还款 options before receiving a Direct Loan, borrowers may contact the Federal Student 援助 Information Center at 1-800-4-FED-AID (1-800-433-3243).

此外，请浏览 还款.

资源

• 退款信息
• Enrollment 和 Its Effects on 金融援助
• 金融援助 Frequently Asked Questions
• MyISU Student Portal Help
• 重要的日子 & 最后期限
• 金融援助 Glossary
• Direct Loan Disclosure Form
• 大发体育
• 满意度调查