Student Loans

Student loans are borrowed money that must be repaid with interest. At ²ÝÝ®ÊÓƵ, loans come through the Federal Direct Loan Program. 

Students must be enrolled in an eligible degree or certificate program in order to receive financial aid.

  • Not all certificate programs qualify. Only those approved as Title IV–eligible programs meet federal aid requirements.
  • In certain cases, federal student loans must be prorated for certificate programs. This usually applies if the program is shorter than an academic year or if the student is completing their final period of study in a certificate program

Types of Federal Direct Student Loans

Federal Direct Subsidized Loan

  • Based on financial need.
  • Classes must count in your Program of Study
  • You must be making Satisfactory Academic Progress
  • You must be enrolled in at least 6 hours
  • The federal government pays your interest:
    • While you are in school (at least half-time).
    • During your 6-month grace period after leaving school.
    • During approved deferment periods.

For more information visit the web page.

Federal Direct Unsubsidized Loan

  • Not based on need.
  • Classes must count in your Program of Study
  • You must be making Satisfactory Academic Progress
  • You must be enrolled in at least 6 hours
  • You are responsible for interest at all times (in school, grace, deferment, and repayment).
  • You may postpone interest payments while in school, but interest will still accrue and may be added (capitalized) to your loan balance later.
  • For more information visit the web page.

Federal Direct PLUS Loan (Parent Loan)

  • For parents of dependent undergraduates with good credit.
  • Classes must count in your Program of Study.
  • You must be making Satisfactory Academic Progress.
  • You must be enrolled in at least 6 hours.
  • Can borrow up to the cost of attendance minus other aid.
  • Repayment begins within 60 days after disbursement (no grace period).

How to Apply

  1. File the
  2. Enroll at least half-time (6 credit hours) in eligible courses that count in your program of study
  3. Be making Satisfactory Academic Progress
  4. Complete the Direct Loan Request Form in My ²ÝÝ®ÊÓƵ Portal
    • Log in → Click Student Forms → Go to Optional Financial Aid Forms → Select Direct Loan Form.
  5. Wait for notification from the Financial Aid Office.
  6. Complete:

Your loan will not disburse until these steps are complete.

Track Your Loan History

Federal Student Aid (FSA) provides a record of all your federal student loans and Pell Grants.

  • Check balances, repayment status, and servicer information.
  • Visit:

Loan Exit Counseling

Federal rules require you to complete Loan Exit Counseling when you:

  • Drop below half-time enrollment.
  • Withdraw from school.
  • Graduate.
  • Or at the end of each spring semester (per ²ÝÝ®ÊÓƵ policy).

Complete online: