Federal Direct Loan Information

Direct loans (subsidized, unsubsidized and parent loans (PLUS) are types of federal financial aid that require repayment. Students must be enrolled in at least six credits to receive student loans. To learn about the requirements, application processes, repayment plans and grace periods for loans, access http://studentloans.gov. It is important that payments are made on time. Failure to do so could result in default which has serious consequences. Loans must be repaid.

Students, and parents, who receive a federal student loan will have their information submitted to the National Student Loan Data System (NSLDS). NSLDS is the U.S. Department of Education's central database for student aid and provides information regarding a borrower's federal loans (types, disbursed amounts, outstanding principal, interest and contact information of current holders of the loans). Student Access (http://nslds.ed.gov) provides a centralized view of Title IV loans and grants so that recipients can access their own information. The information will be accessible by guaranty agencies, lenders and schools determined to be authorized users of the data system.

If you are interested in a Federal Stafford loan, contact the Missouri State University-West Plains financial aid office for more information.