Federal Direct Stafford Subsidized Menu

Federal Direct Subsidized Stafford Student Loans

A Federal Direct Subsidized Loan is available to help meet financial need after other resources are subtracted or to the annual maximum loan limit, whichever is lower. It is the U.S. Department of Education's major form of self-help aid and is available through the William D. Ford Federal Direct Loan Program.

On loans that were certified but had not yet disbursed after March 1, 2013 (Date of Sequestration), there will be an origination fee of 1.053%. For example, the fee on a loan for $5,500 would be $57.75. 

It is important to know that loan funds will automatically credit to your student account if the Direct Loan Processor has a valid MPN on file for you and you have completed "Loan Entrance Counseling".

Customer Service

For general information about the Federal Direct Stafford Loan, please call the Enrollment Services Center at 719-502-3000 for more information.

Stafford Loan Limits

Federal Stafford Loans for Undergraduate Dependent Students
(Whose Parents Have Not Been Denied a PLUS Loan)
Grade Level Base
Amounts*		 Additional Unsubsidized Total Amount
Freshman $3,500 $2,000 $5,500
Sophomore $4,500 $2,000 $6,500
Junior & Senior $5,500 $2,000 $7,500
Preparatory coursework for enrollment in an undergraduate program $2,625 0 $2,625
Preparatory coursework for enrollment in an graduate program $5,500 0 $5,500
Teacher Certification coursework $5,500 0 $5,500
Aggregates $23,000 $8,000 $31,000

*Maximum amount that may be subsidized.

Federal Stafford Loans for Undergraduate Independent Students
(and Dependent Students Whose Parents Have Been Denied a PLUS Loan)
Grade Level Base
Amounts*		 Additional Unsubsidized Total Amount
Freshman $3,500 $6,000 $9,500
Sophomore $4,500 $6,000 $10,500

 

INTEREST RATES FOR STAFFORD AND PLUS LOANS IN THE DIRECT LOAN
AND FEDERAL FAMILY EDUCATION LOAN PROGRAMS
EFFECTIVE JULY 1, 2011

 

Fixed Rates for Loans
Loan Type
Grade Level
First Disbursed
Between July 1, 2010
And June 30, 2011
First Disbursed
Between July 1, 2011
And June 30, 2012
Subsidized Loan
Undergraduate
 4.5% 3.4%
Unsubsidized Loan
Undergraduate
6.80%
6.80%
PLUS Loans
Parent
7.9% for Direct Loans
And 8.50% for FFEL
7.90% for Direct Loans
And 8.50% for FFEL

 

Variable Rates for Loans First Disbursed Between July 1, 1998 and June 30, 2006

These rates were calculated based upon statutory formulas and equal the bond equivalent rate of the 91-day Treasury bills auctioned on May 26, 2009, plus certain statutory percentage add-ons. The 91-day Treasury bills were auctioned at 0.178 percent, rounded to 0.18 percent.