Four types of direct loans are included in this program:

Ford Federal Direct Graduate PLUS Loan (graduate and professional students)

Ford Federal Direct Parent PLUS Loan

Ford Federal Direct Subsidized Loan

Ford Federal Direct Unsubsidized Loan

You borrow from the federal government, rather than through commercial lending institutions. The University's Office of Student Finance (OSF) administers the loans; determines your loan eligibility; approves the loan; confirms the promissory note, when necessary; receives the funds from the federal government; and credits the loan amount directly to your University student account.

Common criteria

The four Direct Loan programs have these common criteria:

• Loan periods may not exceed a nine-month academic year.

• Loans can only cover consecutive terms of at least half-time enrollment.

• Loans are capped by annual and aggregate borrowing limits.

• Loan limits include summer term.