/Institutions/Neumont-University/json/2016-2017/Catalog-local.json

/Institutions/Neumont-University/json/2016-2017/Catalog.json

Federal Direct Subsidized Loans

Federal Direct Subsidized loans are available to undergraduate students with financial need, as demonstrated by the Estimated Family Contribution (EFC) on the FAFSA. Fixed interest on the loans is subsidized (paid for) by the U.S. Department of Education while the student is enrolled at least half time. There is a six-month repayment grace period following graduation. Origination fees are deducted proportionately from each disbursement and paid to the federal government.

For information on the annual limit for subsidized loans and the total maximum indebtedness for dependent and independent students, please contact the Office of Financial Aid or visit www.studentaid.gov.