Federal Student Loans


Loans are a resource to assist in paying for the costs of going to college in which a student or parent borrows money that must be repaid. Student loans are a type of financial aid and subject to many of the same criteria as all other federal aid programs. It is important to remember that student loans must be repaid.

To receive a student loan at SUSLA, students must complete the FAFSA, enroll in at least 6 credit hours, and be maintaining Satisfactory Academic Progress.

All student loans available are through the Federal Direct Loan Program. Direct loans include Stafford Loans borrowed by the student and Parent PLUS loans borrowed by the parent of a dependent student. For additional information regarding the Federal Direct Loan Program visit www.StudentLoans.gov.

Direct Loans Interest Rates

Federal Direct Student Loan Rates

Direct Subsidized and Unsubsidized Loans


Direct PLUS Loans for Parents of Undergraduate Students


Direct Loans Annual Loan Limits

Grade Level

Base Subsidized Amount

Additional Unsubsidized

1st Year Dependent



2nd Year Dependent



1st Year Independent



2nd Year Independent



Steps to Apply for a Federal Direct Student Loan 

The first step to apply for a Federal Direct Stafford Student Loan Fall and/or Spring is to complete an application. All first-time borrowers must complete Entrance Counseling and a Master Promissory Note. 

Direct Parent PLUS Application
Complete Entrance Counseling & Master Promissory Note(MPN)

Ways to Manage Student Loans

Please visit the National Student Loan Data System, NSLDS, to view your current loan amounts.