These federal loans are for matriculated students who are enrolled at least half-time (six credits). They have a low fixed interest rate and repayment begins six months after the student graduates or falls below half-time enrollment. Federal Stafford Loans can be subsidized or unsubsidized depending upon financial need. The Financial Aid Office will determine the type of loan you will receive based on Cost of Attendance (COA), Expected Family Contribution (EFC) and other aid received. Annual and aggregate loan limits apply to Federal Stafford loans.
How to Apply
To apply for a Federal Direct Stafford Loan, all applicants must first file a FAFSA at www.fafsa.gov. Students who indicate on the FAFSA that they are interested in student loans will automatically be offered a student loan when their financial aid awards are packaged if the grant award(s) will not cover their tuition and fees. Students who do not indicate on their FAFSA that they are interested in a student loan, should correct their FAFSA to indicate they are interested in student loans if they have not already received an award letter from the Financial Aid Office. If the student has already received an award letter, the student will need to complete a loan request form available in the Financial Aid Office or online.
All loan offers must be accepted or rejected in WebAdvisor.
If you would like to change the amount of Direct Loan that you were offered or if you did not receive a loan offer in your award package but need one, you may submit a Direct Loan Request/Adjustment Form to your campus Financial Aid Office. Your requests/adjustments will be reviewed by a counselor.
Note: All first time borrowers must complete an Entrance Counseling session at https://studentloans.gov. This is an online tutorial which reviews your rights and responsibilities as a Federal Direct Loan borrower. Once the Loan Entrance Counseling session is completed, the ECC Financial Aid Office will receive an electronic confirmation. Students should print the confirmation form at the end and keep it for their records.