Loan Funds provided to the student by the U.S. Department of Education through the school.  Repayment of principal begins six months after the borrower ceases to be a student on at least a half-time basis (6 credits).

The Free Application for Federal Student Aid (FAFSA) is the annual application.  

There are two types of Federal Student Direct Loans:  subsidized and unsubsidized.  Students with financial need can qualify for a subsidized loan, and the government pays the interest on the loan while the student remains enrolled at least half-time (6 credits).  Students who don't demonstrate financial need qualify for an unsubsidized loan and interest accrues while the student is in school.  Students must complete Entrance Counseling and the Master Promissory Note to receive the disbursements.