The Direct Loan Program provides low-interest, long-term loans through the federal 政府ernment. 这些资金必须 偿还.
贷款可以是 补贴 or 未受资助的. To be eligible to borrow a Direct Loan, students must be enrolled at least half-time (6 units undergraduate and credential). If you drop below half-time during a semester, the remainder of your loan may be canceled. If you decide to borrow a Direct Loan, you will be required to complete a Master Promissory Note. 请浏览以下网址: http://www.studentaid.gov to complete the promissory note online. Special Note: First-time borrowers at HIU are required to complete an Entrance Loan Counseling session. Students may satisfy this requirement by completing an on-line session via the following web site http://www.热门产品.政府 or students can attend an in-person session by calling our office at (714) 879-3901, x2202 to schedule an appointment.
还款 normally begins six months following graduation or when you cease to be enrolled at least halftime. Payments and length of repayment period depends on the size of your debt but must be a minimum of $600 per year. 在特殊情况下, repayment of a Direct Loan that is not in default may be deferred or canceled. 还款, deferment and cancellation are handled by your lender or loan servicing center. If you are eligible for a Direct Loan, we have included one (either 补贴 or 未受资助的 or a combination of both) as part of your 金融援助 award. Please refer to the following paragraphs to learn the differences between the 补贴 and 未受资助的 Direct 贷款.
The amount of a 补贴 Direct Loan you can borrow is the difference between the cost of education and your resources (family contribution, 金融援助, and any other assistance you receive from the school and outside sources). 然而, you cannot borrow more than the federal maximum. If you are eligible for a 补贴 loan, the federal 政府ernment pays the interest for you until your repayment begins.
The 未受资助的 Direct Loan is awarded to students who do not qualify for the maximum 补贴 loan eligibility. The 未受资助的 loan can replace all or part of the family contribution. 然而, the amount of the loan cannot be more than the difference between the cost of education and any financial assistance you will receive from the school and any outside source (including the 补贴 Direct Loan). 利率固定为5英镑.50%. 如果你是一个独立的胜博发体育app, your total Direct Loan (补贴, 未受资助的, or a combination of both) cannot exceed the annual and/or aggregate federal maximums for these loans. Interest will be charged beginning the day the loan is disbursed to you while you are enrolled at least halftime. To view current rates for the 补贴 loan, please log on to http://studentaid.gov/understand-aid/types/loans/interest-rates.
PLUS loans are intended to provide a source of financial assistance to parents of dependent students. Parents (with satisfactory credit histories) may borrow up to the estimated cost of attendance each year, minus any 金融援助 awarded to the student. Interest begins to accrue immediately after the first disbursement. 还款 begins immediately after the final disbursement of the loan occurs, with the first payment due within 60 days. 固定利率是7.21%. 如果你是一个独立的胜博发体育app and your parent does not qualify for a Federal PLUS loan, you may be eligible to borrow an additional 未受资助的 工作人员ord Loan. PLUS loan applications are available in the 金融援助 Office or parents may choose to apply online by visiting www.热门产品.政府.
