Why wasn’t I awarded the amount I requested on my Direct
When processing Direct Loans, many factors are taken into consideration.
Some of these include your housing accommodations (i.e. with parent,
away, campus housing), classification (i.e. freshman, senior, grad
student), EFC (expected family contribution), other financial aid
or monies received (Pell Grant, HOPE, FWS, VA benefits, etc.), your
aggregate limit (the total amount of loan funds you have received
throughout college) and whether you requested subsidized or unsubsidized
monies. Either one or a combination of these factors could affect
your Direct Loan eligibility.
What is the difference between a subsidized and an unsubsidized
Subsidized loans are based on need. The federal government pays interest
on these loans for you while you are in school. You are responsible
for any interest that accrues on an unsubsidized loan.
How do I find out about loan forgiveness for teachers?
For more information about loan forgiveness for teachers,
please visit this link
at the Department of Education's Federal Student Aid website.