Texas A&M University-Kingsville

Federal Direct Loans

The Direct Loan program is provided and administered by the Federal government, U.S. Department of Education. Student loan borrowing cannot exceed the cost of attendance, nor may you borrow over the annual and lifetime aggregates that are set for the Direct Loan. The Department of Education assesses an origination fee on each loan upon disbursement. The type of loan you are offered is based upon the results of the FAFSA.

Types of Loans:

Direct Subsidized Loan (Subsidized)

Direct Unsubsidized Loan (Unsubsidized)

Federal William D. Ford (Direct) PLUS Loan

Federal William D. Ford (Direct) Graduate PLUS Loan



Processing Steps for your Direct Subsidized and Unsubsidized Loan: Click Here

Processing Steps for your PLUS and GradPLUS Loan: Click Here



Interest Rates


Loan Type  Interest Rate 
 Undergraduate Unsubsidized Direct Loan  6.8%
 Undergraduate Subsidized Direct Loan 5.6% on or after July 1, 2009 and before July 1, 2010
4.5% on or after July 1, 2010 and before July 1, 2011
3.4% on or after July 1, 2011 and before July 1, 2012
6.8% on or after July 1, 2012
 Graduate Unsubsidized Direct Loan  6.8%


Other Important Direct Loan Information:

Direct Loan Limits

Direct Loan FAQ

Loan Exit Counseling

This page was last updated on: June 12, 2012