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Federal Direct Loans at Duquesne University

Federal Direct Loans at Duquesne University

All Federal Stafford loans are borrowed through the Direct Lending program.  If you are a new or returning student, you will have to complete the following to receive a Federal Direct Stafford loan or PLUS loan:

For additional information:

Direct Loan program

1-800-848-0979 (8 a.m. - 8 p.m. EST, Monday thru Friday)

Direct Lending FAQ's

Annual Limits for Subsidized/Unsubsidized Loans

Dependent Undergraduate (excluding dependent students whose parents can't get PLUS)

                                                     Subsidized         Total (subsidized & unsubsidized)

Freshman (0 - 29 credits)               $3,500                     $5,500

Sophomore (30 - 59 credits)           $4,500                     $6,500

Junior/Senior (60+ credits)              $5,500                     $7,500

Independent Undergraduates & Dependent Students whose parents can't get PLUS

Freshman (0 - 29 credits)               $3,500                       $9,500

Sophomore (30 - 59 credits)           $4,500                       $10,500

Junior/Senior (60+ credits)              $5,500                       $12,500

Graduate & Professional Students

All years                                                                                  $20,500

Under the Direct Stafford Loan program, we are forced to define our Academic Year as Fall, Spring, and Summer semesters.  Therefore, Federal Direct Stafford Loans are limited to an academic year (defined as Fall, Spring, and Summer terms) maximum based on a student's grade level listed above.  If a student has utilized the maximum Stafford Loan during the preceding Fall and Spring, the student will not be eligible for a Summer Stafford loan.  If the student did not, they will be eligible for the remaining amount of the above limits.

 

Federal Direct PLUS loans

There are no set limits for Direct PLUS Loans, but you may not borrow more than the cost of education minus any other financial aid received.