Direct Loan Process - Returning Borrower

If you previously received a Direct loan for a prior year you do not need to complete an entrance counseling and Master Promissory Note.  The Department of Education allows a borrower to receive additional Direct loans on a single Master Promissory Note for up to 10 years.

For Direct Subsidized/Unsubsidized Loans, where the first disbursement is made on or after October 1, 2015 and before October 1, 2016, the origination fee is 1.068%.

Direct Loan Application