Federal Loans
Federal student loans can help you pay for educational expenses, but you must borrow responsibly. Students should borrow only what they need and always remember loans must be paid back. For details regarding federal student loans go to https://studentaid.ed.gov/sa/types/loans and contact the ">IBCS Financial Aid Office.
IBCS does not provide a preferred lender list nor does IBCS provide any information on private loans.
| Federal Stafford Direct Loans: subsidized |
| Amount Variable |
| Federal Stafford Direct Loans: unsubsidized |
| Amount Variable |
| Federal PLUS loans |
| Amount Variable |
Federal Direct Loans: Important Links
- Basics for Students
- Basics for Parents (PLUS Loans)
- Required Entrance Counseling
- How much can I borrow?
- Federal student loan interest rates and fees
- Required Master Promissory Note (MPN)
- Required Exit Counseling
- Who should complete Exit Counseling?
All students who have received a subsidized, unsubsidized, or PLUS loan(s) under the Federal Direct Loan Program, must complete exit counseling each time they drop below half-time enrollment, graduate, or leave school.
- Who should complete Exit Counseling?
- How to repay your loans
- Never miss a payment
Got a Direct Loan? Sign up for automatic debit through your loan servicer, and your payments will be automatically taken from your bank account. Bonus: You get a 0.25% interest rate deduction when you enroll!
- Never miss a payment
- Repayment: How to Manage Your Student Loans
- Repayment: What to Expect
- View your Federal Loan and Grant History at NSLDS
- Beware and avoid student loan scams
QUICK LINKS