Federal Subsidized Direct Loan

$3,500–$5,500

A Federal Subsidized Loan is a need-based loan for which payments and interest begin six months after the last date of enrollment. 

With subsidized loans, the government “subsidizes” or pays for the interest while you are in school. There is a loan fee when the loan is disbursed. 

Federal loans may be awarded to any Corban student, with subsidized loans going to students with financial need. The Federal Direct Loan program eliminates the need for loan applications, outside lenders, guarantee agencies, or paper loan checks. Corban will provide the student with everything needed to receive a Federal Direct Loan. The maximum loan amount depends on the student’s year in school and total financial need.