Federal Direct Loan Process

An education loan is a form of financial aid that must be repaid, with interest.  Student loans are loans taken out in the name of the student. They must be used for educationally related expenses, such as tuition, books, housing, and any other cost associated with going to college.

To apply for a loan, you must complete the steps below. Please select First-Time Borrower if you have not borrowed at Clark College. If you are a returning Clark College borrower, please select Returning Borrower.

For more information about Direct loans, go to the Department of Education’s loan page.

Federal Direct Loan


Direct Subsidized Loan Time Limitation

If you receive your first federal student loan after June 30, 2013, there is a limit on the maximum period of time that you can receive Direct Subsidized Loans.  In general, you may only receive Direct Subsidized Loans up to 150% of the published length of your program.  This is called your “maximum eligibility period.”

The Department of Education will determine loan usage and your maximum eligibility based on the length of your program measured in months. For example, a one (1) year certificate is nine (9) months in length and a two (2) year degree is eighteen (18) months in length.