Federal Direct Loans
The OSFA awards all eligible students a Federal Direct Loan as part of their financial aid package. To be awarded a Federal Direct Loan, students must complete and submit a Free Application for Federal Student Aid (FAFSA) and meet standard eligibility requirments.
Eligibility requirements
A list of eligibility requirements for students who wish to borrow Federal Direct Loans.
Terms and conditions
Terms and conditions concerning interest rates, fees, and when repayment begins.
Subsidized and unsubsidized loans
Difference between subsidized and unsubsidized Federal Direct Loans.
Federal Direct Loan limits
Table with the maximum loan amounts that students can borrow each academic year.
Loan entrance counseling and Master Promissory Note
Federal requirements for first-time borrowers and the Master Promissory Note.