Federal Direct Student Loan-Student Financial Aid - Carnegie Mellon University

Federal Direct Student Loan

All undergraduate and graduate students planning on borrowing a subsidized, unsubsidized or PLUS Loan for the first time are required to complete a new Federal Direct Loan Master Promissory Note and Federal Direct Loan Entrance Counseling. Specific instructions for applying and reapplying are indicated in the links below.

EFFECTIVE 2012-2013: 

  • Effective for Federal Direct Student Loans made for periods of enrollment begrinning on or after July 1, 2012 (i.e., 2012-2013 academic year), graduate students are no longer eligible to receive subsidized direct loans.
  • New (undergraduate) subsidized Federal Direct Student Loans made from July 1, 2012 to June 30, 2014 will not be eligible for subsidized interest benefits during the six-month grace period after a student graduates or falls below half-time enrollment. Interest will accrue during the grace period and will be capitalized if unpaid by the borrower.

Federal Direct Student Loans offer students a single application process. The funding comes directly from the federal government to the university.

Students who do not wish to apply for financial aid but are interested in applying for an unsubsidized Federal Direct Student Loan or whose parent(s) are only interested in borrowing a Federal Direct PLUS Loan are only required to complete a FAFSA (Free Application for Federal Student Aid). Please complete the Request for Federal Unsubsidized or Federal Parent PLUS Loan Only form.

Direct Loan Links