What is a William D. Ford DIRECT Loan?

Effective Summer 2010 the University of Houston will be utilizing the William D. Ford Direct Loan Program. This program allows eligible students to borarticle loans from Federal Government, which provides low interest rates and beneficial repayment options. Direct loan awards include Subsidized, Unsubsidized, Parent PLUS and Graduate PLUS loans. Please read our Direct Loan Frequently Asked Questions for more information.

All students planning to receive a direct loan must be enrolled half-time and will need to complete a Master Promissory Note and complete Entrance Counseling at www.studentloans.gov. To complete these requirements, students will need a Department of Education PIN (the same PIN used for the FAFSA) to e-sign their electronic MPN. They will also need their social security number, date of birth, driver’s license number, and two personal references (full name, address, and telephone numbers) to complete their MPN. The University of Houston will electronically verify with the Department of Education that these steps have been completed before funds are released. To make sure you have completed all necessary requirements, please read the DL Student Loan Checklist.

Created: Dec 20, 2011 - 8:48am Updated: Apr 09, 2012 - 8:55am Author: Web Technologies Article: 2505
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