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: The interest charged on Direct Subsidized loans will be paid by the federal government while you are in school enrolled at least half-time, during periods of approved deferment, and during the 6-month grace period before you enter repayment.  You will be responsible for interest charged at all other times.

For more information, view the for Direct Subsidized and Unsubsidized loans.

: Direct Loans are generally set up to be repaid in monthly installments over a 10-year term and a payment of at least $50 a month, although you can pay off your loan sooner without penalty.  Your loan repayment term and monthly amount will really depend on the total amount borrowed before you enter repayment.  For example, if you borrowed a small amount your repayment term could be shorter than 10 years, while if you borrowed a large amount your monthly payment could be larger than $50.  You begin repaying your loan at the end of a 6-month grace period.   The grace period begins once you graduate, leave school or drop to less than half-time enrollment. 

Activation: You must login to the ¼ªÏé·» Portal to accept a loan offer.  Go to the Financial Matters tab and select Accept Loans (within the Financial Aid Essentials box) to access the loan acceptance page.  A loan acceptance tutorial is available at .  There must be a signed and complete on file with the Department of Education before loan funds can be released.  First tome borrowers at ¼ªÏé·» must also complete (LEC). If these requirements are not completed, loan funds will not be distributed.

Loan Changes Effective July 1, 2013, for New Student Loan Borrowers

There is now a limit on the maximum period of time, measured in academic years, that you can receive Direct Subsidized loans. In general, you may not receive Direct Subsidized loans for more than 150 percent of the published length of your program.* The new provision for first-time borrowers will take effect on or after July 1, 2013. For additional information, please see the .

*Please note that all financial aid recipients, including Direct Subsidized loan borrowers, must meet .

Loan Changes Effective July 1, 2012

Elimination of Direct Subsidized loan for graduate and professional students

Graduate students will only be eligible for the Direct Unsubsidized loan.

Note: This provision does not apply to students enrolled in a credential or second bachelor program because they are not considered graduate students for financial aid purposes.

:  Interest on unsubsidized loans is not paid by the federal government. You are responsible for interest that accrues on the loan while you are in school and during the six-month grace period. Interest begins accruing the day the first loan is disbursed. You may choose to make interest only payments while in school, or interest can be capitalized (added to the principal) and paid once you begin the repayment period.

For more information, view the for Direct Subsidized and Unsubsidized loans.

: Direct Loans are generally set up to be repaid in monthly installments over a 10-year term and a payment of at least $50 a month, although you can pay off your loan sooner without penalty.  Your loan repayment term and monthly amount will really depend on the total amount borrowed before you enter repayment.  For example, if you borrowed a small amount your repayment term could be shorter than 10 years, while if you borrowed a large amount your monthly payment could be larger than $50.  You begin repaying your loan at the end of a 6-month grace period.   The grace period begins once you graduate, leave school or drop to less than half-time enrollment. 

Activation: You must login to the ¼ªÏé·» Portal to accept a loan offer.  Go to the Financial Matters tab and select Accept Loans (within the Financial Aid Essentials box) to access the loan acceptance page.  A loan acceptance tutorial is available at .  There must be a signed and complete on file with the Department of Education before loan funds can be released.  First time borrowers at ¼ªÏé·» must also complete (LEC). If these requirements are not completed, loan funds will not be distributed.

• Subsidized: Available to students eligible for need-based financial aid. Select the "Subsidized Basics" tab for additional updates that affect first-time direct subsidized loan borrowers as of July 1, 2013.
• Unsubsidized: Available to students regardless of income.
• Students must apply for financial aid using the .
• Students must be U.S. citizens or eligible noncitizens.
• Students must be enrolled (or plan to be enrolled) in at least six units, or four units for a master's program.
• Students must achieve satisfactory academic progress as established by the Financial Aid & Scholarship Department.
• Students must submit all documents requested by the Financial Aid & Scholarship Department.
• Students cannot be in default on a student loan or owe a repayment on any grants.
• Students must complete  if they fail to enroll or enroll in fewer than six units (four units if in a master's program).

Annual Federal Direct Loan Limits

The base loan amount may be a combination of subsidized and an unsubsidized loans but will not be more than the established grade level or the cost of education. Graduating seniors who only attend one term may have their loans prorated based on federal regulation by the Financial Aid & Scholarship Department.

Aggregate Federal Direct Loan Limits

The aggregate limit for master's and doctoral students includes the amount borrowed as an undergraduate or credential student.

*Due to federal legislative changes, master's and doctoral students are no longer eligible for Subsidized Direct Loans. For a comprehensive review of the federal student loan program, visit the .