Direct Subsidized & Unsubsidized Student Loans

Direct Student Loans are loans available to undergraduate and graduate students with the US Department of Education acting as the lender. There are two types of Direct Student Loans - Subsidized and Unsubsidized.

Direct Subsidized Student Loans

Direct Subsidized Loans are need-based loans available to undergraduate students. The US Department of Education pays the interest while you are in school at least half time, for the first six months after you leave school (also known as grace period), and during periods of deferment. Payments are automatically deferred while you are in school at least half time. Undergraduate borrowers may receive the interest subsidy for up to 150% of the published length of their program (6 years for most students at DeHart Technical School; varies by program and student type).

Interest Rates

• The interest rate for loans first disbursed after July 1, 2022, is fixed at 4.99%

• The interest rate for loans first disbursed after July 1, 2023, is TBD

Origination Fees

• The origination fee for loans first disbursed after October 1, 2022, is 1.057%.

• The origination fee for loans first disbursed after October 1, 2023, is TBD. Interest rates and origination fees are subject to change. Use our Third-party servicer FASLINE works in conjunction with DOE to help determine your origination fees when figuring loan amounts.

Direct Unsubsidized Student Loans

Direct Unsubsidized Loans are non-need-based loans available to undergraduate and graduate students. You (the borrower) are responsible for the interest from the disbursement date, including while you are in school, during your grace period, and during periods of deferment. Payments are automatically deferred while you are in school at least half time but interest will accrue on the balance of the loan.

Interest Rates

• The interest rate for loans for undergraduate students first disbursed after July 1, 2022, is fixed at 4.99%

• The interest rate for loans for undergraduate students first disbursed after July 1, 2023, is TBD

Origination Fees

• The origination fee for loans first disbursed after October 1, 2022, is 1.057%

• The origination fee for loans first disbursed after October 1, 2023, is TBD

Interest rates and origination fees are subject to change. Third party servicer FASLINE works in conjunction with DOE to help determine your origination fees when figuring loan amounts.

Direct Parent Plus Loan

Direct Parent PLUS Loans are loans available to parents of undergraduate students. The US Department of Education serves as lender.

Direct Parent PLUS Loans are unsubsidized, and the borrower is responsible for interest from the disbursement date. Payments begin when the loan is fully disbursed but may be deferred while the student beneficiary is in school at least half time.

Interest Rates

• The interest rate for loans first disbursed after July 1, 2022, is fixed at 7.54%

• The interest rate for loans first disbursed after July 1, 2023, is TBD

Origination Fees

• The origination fee for loans first disbursed after October 1, 2022, is 4.228%

• The origination fee for loans first disbursed after October 1, 2023, is TBD

Interest rates and origination fees are subject to change. Third party servicer FASLINE works in conjunction with DOE to help determine your origination fees when figuring loan amounts.