Federal Direct Subsidized Stafford Loans
A Federal Direct Subsidized Stafford loan is a guaranteed student loan for undergraduates who are US citizens or permanent residents and who have demonstrated financial need as determined by federal regulations.
The federal government provides limits on the amount in Direct Subsidized loans that a student may be eligible to receive in each academic year and in total. Limits vary based on the student’s year in school and financial need.
Federal Direct Unsubsidized Stafford Loans
A Federal Direct Unsubsidized Stafford loan is a guaranteed student loan for US citizens or permanent residents who do not show financial need under federal regulations. Direct Unsubsidized loans may also be available to undergraduates who have reached the borrowing limit for Direct Subsidized loans.
Federal Direct PLUS Loans
Federal Direct PLUS loans are loans for the parents of dependent undergraduate students, as well as for graduate and professional students. A credit check will be performed and will exclude anyone with an adverse credit history. Direct PLUS loan amounts are limited to the cost of attendance minus any other financial assistance received.