Ford Federal Direct Loan Program

Four types of direct loans are included in this program:

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.