THE OFFICE OF FINANCIAL ASSISTANCE
WELCOMES YOU TO HORNET NATION!

Federal Student Loan FAQ

FEDERAL STUDENT LOANS FAQ

How do I receive a Federal Direct Loan?

To apply for a Federal Direct Loan, you must complete and submit the Free Application for Federal Student Aid (FAFSA) and complete Entrance Loan Counseling, and a Master Promissory Note.

 

What is the difference between a Federal Direct Subsidized and an Unsubsidized loan?

Federal Direct Subsidized loans are based on financial need. Interest is paid by the government while you are enrolled at least half-time and during the grace period or period of deferment.

Federal Direct Unsubsidized loans are not based on financial need. Interest begins to accrue within 60 days of disbursement.

 

What is the Federal Direct Parent Loan for Undergraduate Student (PLUS) and how do I apply for one?

The Federal Direct Parent Loan for Undergraduate Students (PLUS) is for parents of dependent students only. PLUS is a non-need-based federal loan available through the federal government. Awards are up to the cost of attendance per academic year, minus other aid.

Image of the HSSU seal

FIND PEOPLE -- VIEW THE SITE INDEX, A-Z -- PRINT PAGE

Located at 3026 Laclede Ave., St. Louis, MO 63103 | (314) 340-3366

Thank you for visiting http://www.hssu.edu. In order to ensure compliance with the Acceptable Use and Security Policies of Harris-Stowe State University and those of MORE Net, our Internet Service Provider, internet traffic on this site is monitored. Copyright (©) Harris-Stowe State University. Questions about this and other Web sites owned by Harris-Stowe State University may be directed to webmaster@hssu.edu. Click here to submit feedback or report errors.