A Direct Loan is funding through the us government and needs the pupil to own a finished FAFSA on file. Pupils must certanly 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 is going to be restricted by price of attendance limitations and aggregate loan maximums. This loan would be deferred although the pupil is signed up for college at least half time status.
Please borrow responsibly by just borrowing things you need. Remember that pupils would be accountable to settle all student education loans.
NMU Historical Direct Loan Utilize by Graduating Class
The amount that is average by graduates in educational year. This will not add student that is private use or Parent PLUS Loan borrowing.
Borrowers in Group
Normal Per Borrower
Federal Direct Loan Eligibility
Parent information needed regarding the complimentary Application for Federal scholar help (FAFSA)
(All loans are susceptible to spending plan maximums)
No Parent information needed on the complimentary Application for Federal Student help (FAFSA)
Direct Loan Awarding
As part of your school funding, you might be provided a William D. Ford Federal Direct Loan.