These loans are awarded through Federal Direct Loan Program. An origination fee
of .5% is deducted by the lender for processing the student loans. The maximum loan
amount is $2333 to $3500 per academic year for the Subsidized Student Loan and $4000
to $6000 for the Unsubsidized Student Loan.
All students must demonstrate financial need for Subsidized Student Loans. The Unsubsidized
student loans do not need to show financial need. Repayment begins six months after
ceasing attendance.