The U.S. Department of Education’s federal student loan program is the William D. Ford Federal Direct Loan (Direct Loan) Program. Under this program, the U.S. Department of Education is your lender
Federal Direct Loans
Federal student loans are the most commonly used to pay for college. The money is loaned directly to you, and you are solely responsible for repaying the money after dropping below a part-time credit load or leaving WSU.
Direct Unsubsidized Loans
Direct Subsidized Loans
Parent PLUS Loans
Health Profession & Nursing Loans
Graduate & Professional Loans
Private Education Loans
If you have expenses not covered by federal loan programs, private loans can help close the gap between financial aid resources and college costs.
Private Education Loans
Private Loans vs Federal Loans
Rights and Responsibilities
Before you receive a loan, you’ll sign a promissory note—a legal contract between you and the United States Department of Education—in which you promise to repay the amount you borrow and agree to the loan’s terms and conditions.
Borrowing Responsibility
Loan Repayment
