Federal Direct Stafford Loans are generally known as Direct Loans or Federal Direct Loans.

Federal Direct Stafford Loans are generally known as Direct Loans or Federal Direct Loans. Form You have to submit an application for educational funding utilizing the FAFSA. You shall never be immediately offered a Direct Loan. If you wish to borrow through the Direct Loan system you have to request the mortgage through the school funding workplace. You do not need the funds, you may decline the loan by contacting the financial aid office if you request a Direct Loan and later decide. Subsidized Loans You are eligible for a subsidized Direct Loan if you are an undergraduate student and have financial need. No interest will be charged as long as you maintain at least half-time enrollment (6 credits) with subsidized loans. Economic need could be the distinction between price of Attendance and your Expected Family Contribution. Qualifying Credits...