A Direct Loan is funding through the government and needs the pupil to own a finished FAFSA on file. Pupils needs to be making Satisfactory Progress with NMU and enrolled at half time that is least (6 credit hours for undergraduate pupils and 4 credit hours for a graduate student per semester). These quantities will likely to be restricted by price of attendance limitations and loan that is aggregate. This loan should be deferred whilst the pupil is signed up for college at least half time status.
Please borrow responsibly by just borrowing things you need. Understand that pupils will likely to be accountable to settle all learning student education loans.
NMU Historical Direct Loan Utilize by Graduating Class
The amount that is average by graduates in scholastic 12 months. This does not consist of student that is private use or Parent PLUS Loan borrowing.
Borrowers in Group
Typical Per Borrower
Federal Direct Loan Eligibility
Parent information needed in the complimentary Application for Federal scholar help (FAFSA)
(All loans are at the mercy of spending plan maximums)