Direct Loans a loan that is direct funding through the government and needs

Direct Loans a loan that is direct funding through the government and needs

A loan that is direct funding through the government and needs the pupil to own a finished FAFSA on file. Pupils needs to be making Satisfactory Progress with NMU and enrolled at minimum half time (6 credit hours for undergraduate pupils and 4 credit hours for the graduate student per semester). These quantities will undoubtedly be restricted by price of attendance limitations and loan that is aggregate. This loan may be deferred as the learning student is signed up for college at least half time status.

Please borrow responsibly by just borrowing things you need. Understand that pupils will soon be accountable to settle all learning student education loans.

NMU Historical Direct Loan Utilize by Graduating Class

The typical quantity lent by graduates in educational 12 months. This will not consist of personal education loan use or Parent PLUS Loan borrowing.

Borrowers in Group

Typical Per Borrower

Federal Direct Loan Eligibility

DEPENDENT SCHOLAR

Parent information needed from the complimentary Application for Federal Student help (FAFSA)

(All loans are at the mercy of budget maximums)

INDEPENDENT SCHOLAR

No Parent information needed on the complimentary Application for Federal scholar help (FAFSA)

Direct Loan Awarding

As part of your aid that is financial can be provided a William D. Read more