{"id":28163,"date":"2023-08-04T15:39:09","date_gmt":"2023-08-04T22:39:09","guid":{"rendered":"https:\/\/wpnetwork.financialaid.wsu.edu\/stage-wds\/?p=28163"},"modified":"2023-08-30T10:04:22","modified_gmt":"2023-08-30T17:04:22","slug":"loan-hub","status":"publish","type":"post","link":"https:\/\/wpnetwork.financialaid.wsu.edu\/stage-wds\/loan-hub\/","title":{"rendered":"Loans"},"content":{"rendered":"\n<p><strong>The U.S. Department of Education\u2019s&nbsp;federal student loan&nbsp;program is the&nbsp;William D. Ford Federal Direct Loan (Direct Loan) Program. Under this program, the U.S. Department of Education is your&nbsp;lender<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Responsible Borrowing\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/mTHtn0FRMWw?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe>\n<\/div><figcaption class=\"wp-element-caption\">Responsible Borrowing Overview <\/figcaption><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\" wsu-heading--style-marked wp-block-heading\">Federal Direct Loans<\/h2>\n\n\n\n<p>Federal student loans are the most commonly used to pay for college. The money is loaned directly to you, and you are&nbsp;solely responsible for repaying the money after dropping below a part-time credit load or leaving WSU.<\/p>\n\n\n<section  class=\"wsu-section wsu-border--add-left wsu-spacing-after--medium\"  >\r\n        \n<div class=\"wsu-row wsu-row--thirds\" >\r\n    \n<div class=\"wsu-column\"  style=\"\">\r\n\t\n\n<h4 class=\"has-text-align-center wp-block-heading\">Direct Unsubsidized Loans<\/h4>\n\n\n<div class=\"wp-block-image wsu-spacing-before--sxxsmall\">\n<figure class=\"aligncenter size-large\"><a href=\"https:\/\/wpnetwork.financialaid.wsu.edu\/stage-wds\/student-loans\/\"><img decoding=\"async\" loading=\"lazy\" width=\"792\" height=\"528\" src=\"https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/futbol-792x528.jpg\" alt=\"\" class=\"wp-image-28361\" srcset=\"https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/futbol-792x528.jpg 792w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/futbol-396x264.jpg 396w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/futbol-768x512.jpg 768w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/futbol-1536x1024.jpg 1536w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/futbol-198x132.jpg 198w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/futbol.jpg 2048w\" sizes=\"(max-width: 792px) 100vw, 792px\" \/><\/a><\/figure><\/div>\n<\/div>\r\n\n\n<div class=\"wsu-column\"  style=\"\">\r\n\t\n\n<h4 class=\"has-text-align-center wp-block-heading\">Direct Subsidized Loans<\/h4>\n\n\n<div class=\"wp-block-image wsu-spacing-before--xxmedium\">\n<figure class=\"aligncenter size-large is-resized\"><a href=\"https:\/\/wpnetwork.financialaid.wsu.edu\/stage-wds\/student-loans\/\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/smiles-792x527.jpg\" alt=\"\" class=\"wp-image-28374\" width=\"343\" height=\"228\" srcset=\"https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/smiles-792x527.jpg 792w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/smiles-396x264.jpg 396w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/smiles-768x512.jpg 768w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/smiles-1536x1023.jpg 1536w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/smiles-198x132.jpg 198w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/smiles.jpg 2048w\" sizes=\"(max-width: 343px) 100vw, 343px\" \/><\/a><\/figure><\/div>\n<\/div>\r\n\n\n<div class=\"wsu-column\"  style=\"\">\r\n\t\n\n<h4 class=\"has-text-align-center wp-block-heading\">Parent PLUS Loans<\/h4>\n\n\n<div class=\"wp-block-image wsu-spacing-before--large\">\n<figure class=\"aligncenter size-large\"><a href=\"https:\/\/wpnetwork.financialaid.wsu.edu\/stage-wds\/parent-loans\/\"><img decoding=\"async\" loading=\"lazy\" width=\"792\" height=\"528\" src=\"https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/grassybois-792x528.jpg\" alt=\"\" class=\"wp-image-28363\" srcset=\"https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/grassybois-792x528.jpg 792w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/grassybois-396x264.jpg 396w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/grassybois-768x512.jpg 768w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/grassybois-1536x1024.jpg 1536w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/grassybois-198x132.jpg 198w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/grassybois.jpg 2048w\" sizes=\"(max-width: 792px) 100vw, 792px\" \/><\/a><\/figure><\/div>\n<\/div>\r\n\n<\/div>\n    <\/section>\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity wsu-spacing-after--xxsmall\" \/>\n\n\n<section  class=\"wsu-section wsu-spacing-after--xlarge wsu-border--add-left wsu-spacing-before--medium\"  >\r\n        \n<div class=\"wsu-row wsu-row--halves\" >\r\n    \n<div class=\"wsu-column\"  style=\"\">\r\n\t\n\n<h4 class=\"has-text-align-center wp-block-heading\">Health Profession &amp; Nursing Loans <\/h4>\n\n\n\n<figure class=\"wp-block-image size-medium\"><img decoding=\"async\" loading=\"lazy\" width=\"396\" height=\"264\" src=\"https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/fans-396x264.jpg\" alt=\"\" class=\"wp-image-28359\" srcset=\"https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/fans-396x264.jpg 396w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/fans-792x528.jpg 792w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/fans-768x512.jpg 768w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/fans-1536x1024.jpg 1536w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/fans-198x132.jpg 198w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/fans.jpg 2048w\" sizes=\"(max-width: 396px) 100vw, 396px\" \/><\/figure>\n\n<\/div>\r\n\n\n<div class=\"wsu-column\"  style=\"\">\r\n\t\n\n<h4 class=\"has-text-align-center wp-block-heading\">Graduate &amp; Professional Loans <\/h4>\n\n\n\n<figure class=\"wp-block-image size-medium wsu-spacing-before--xxmedium\"><a href=\"https:\/\/wpnetwork.financialaid.wsu.edu\/stage-wds\/graduate-professional-loans\/\"><img decoding=\"async\" loading=\"lazy\" width=\"396\" height=\"264\" src=\"https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/sky-396x264.jpg\" alt=\"\" class=\"wp-image-28371\" srcset=\"https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/sky-396x264.jpg 396w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/sky-792x527.jpg 792w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/sky-768x512.jpg 768w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/sky-1536x1023.jpg 1536w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/sky-198x132.jpg 198w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/sky.jpg 2048w\" sizes=\"(max-width: 396px) 100vw, 396px\" \/><\/a><\/figure>\n\n<\/div>\r\n\n<\/div>\n    <\/section>\n\n\n<h2 class=\" wsu-heading--style-marked wp-block-heading\">Private Education Loans  <\/h2>\n\n\n\n<p>If you have expenses not covered by federal loan programs, private loans can help close the gap between financial aid resources and college costs.<\/p>\n\n\n<section  class=\"wsu-section wsu-spacing-after--large wsu-border--add-left\"  >\r\n        \n<div class=\"wsu-row wsu-row--halves\" >\r\n    \n<div class=\"wsu-column\"  style=\"\">\r\n\t\n\n<h4 class=\"has-text-align-center wp-block-heading\">Private Education Loans<\/h4>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/wpnetwork.financialaid.wsu.edu\/stage-wds\/private-education-loans\/\"><img decoding=\"async\" loading=\"lazy\" width=\"792\" height=\"527\" src=\"https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/busy-792x527.jpg\" alt=\"\" class=\"wp-image-28350\" srcset=\"https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/busy-792x527.jpg 792w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/busy-396x264.jpg 396w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/busy-768x512.jpg 768w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/busy-1536x1023.jpg 1536w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/busy-198x132.jpg 198w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/busy.jpg 2048w\" sizes=\"(max-width: 792px) 100vw, 792px\" \/><\/a><\/figure>\n\n<\/div>\r\n\n\n<div class=\"wsu-column\"  style=\"\">\r\n\t\n\n<h4 class=\"has-text-align-center wp-block-heading\">Private Loans vs Federal Loans<\/h4>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/s3.wp.wsu.edu\/uploads\/sites\/227\/2018\/06\/federal-vs-private-loans-graphic.png\"><img decoding=\"async\" loading=\"lazy\" width=\"792\" height=\"527\" src=\"https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/somethingclever-792x527.jpg\" alt=\"\" class=\"wp-image-28376\" srcset=\"https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/somethingclever-792x527.jpg 792w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/somethingclever-396x264.jpg 396w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/somethingclever-768x512.jpg 768w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/somethingclever-1536x1023.jpg 1536w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/somethingclever-198x132.jpg 198w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/somethingclever.jpg 2048w\" sizes=\"(max-width: 792px) 100vw, 792px\" \/><\/a><\/figure>\n\n<\/div>\r\n\n<\/div>\n    <\/section>\n\n\n<h2 class=\" wsu-heading--style-marked wp-block-heading\"><a href=\"https:\/\/wpnetwork.financialaid.wsu.edu\/stage-wds\/financial-aid-rights-and-responsibilities\/\">Rights and Responsibilities<\/a><\/h2>\n\n\n\n<p>Before you receive a loan, you\u2019ll sign a promissory note\u2014a legal contract between you and the United States Department of Education\u2014in which you promise to repay the amount you borrow and agree to the loan\u2019s terms and conditions.<\/p>\n\n\n<section  class=\"wsu-section  wsu-border--add-left\"  >\r\n        \n<div class=\"wsu-row wsu-row--halves\" >\r\n    \n<div class=\"wsu-column\"  style=\"\">\r\n\t\n\n<h4 class=\"has-text-align-center wp-block-heading\">Borrowing Responsibility<\/h4>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-medium\"><a href=\"https:\/\/wpnetwork.financialaid.wsu.edu\/stage-wds\/borrowing-responsibly\/\"><img decoding=\"async\" loading=\"lazy\" width=\"396\" height=\"265\" src=\"https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/butch-396x265.jpg\" alt=\"\" class=\"wp-image-28351\" srcset=\"https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/butch-396x265.jpg 396w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/butch-792x529.jpg 792w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/butch-768x513.jpg 768w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/butch-1536x1027.jpg 1536w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/butch-198x132.jpg 198w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/butch.jpg 2048w\" sizes=\"(max-width: 396px) 100vw, 396px\" \/><\/a><\/figure><\/div>\n<\/div>\r\n\n\n<div class=\"wsu-column\"  style=\"\">\r\n\t\n\n<h4 class=\"has-text-align-center wp-block-heading\">Loan Repayment<\/h4>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-medium\"><a href=\"https:\/\/wpnetwork.financialaid.wsu.edu\/stage-wds\/leaving-wsu\/\"><img decoding=\"async\" loading=\"lazy\" width=\"396\" height=\"264\" src=\"https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/speach-396x264.jpg\" alt=\"\" class=\"wp-image-28377\" srcset=\"https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/speach-396x264.jpg 396w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/speach-792x528.jpg 792w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/speach-768x512.jpg 768w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/speach-1536x1024.jpg 1536w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/speach-198x132.jpg 198w, https:\/\/wpcdn.web.wsu.edu\/finaid\/uploads\/sites\/227\/speach.jpg 2048w\" sizes=\"(max-width: 396px) 100vw, 396px\" \/><\/a><\/figure><\/div>\n<\/div>\r\n\n<\/div>\n    <\/section>","protected":false},"excerpt":{"rendered":"<p>The U.S. Department of Education\u2019s&nbsp;federal student loan&nbsp;program is the&nbsp;William D. Ford Federal Direct Loan (Direct Loan) Program. Under this program, the U.S. Department of Education is your&nbsp;lender Federal Direct Loans [&hellip;]<\/p>\n","protected":false},"author":9785,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[748],"tags":[],"_links":{"self":[{"href":"https:\/\/wpnetwork.financialaid.wsu.edu\/stage-wds\/wp-json\/wp\/v2\/posts\/28163"}],"collection":[{"href":"https:\/\/wpnetwork.financialaid.wsu.edu\/stage-wds\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wpnetwork.financialaid.wsu.edu\/stage-wds\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wpnetwork.financialaid.wsu.edu\/stage-wds\/wp-json\/wp\/v2\/users\/9785"}],"replies":[{"embeddable":true,"href":"https:\/\/wpnetwork.financialaid.wsu.edu\/stage-wds\/wp-json\/wp\/v2\/comments?post=28163"}],"version-history":[{"count":105,"href":"https:\/\/wpnetwork.financialaid.wsu.edu\/stage-wds\/wp-json\/wp\/v2\/posts\/28163\/revisions"}],"predecessor-version":[{"id":28555,"href":"https:\/\/wpnetwork.financialaid.wsu.edu\/stage-wds\/wp-json\/wp\/v2\/posts\/28163\/revisions\/28555"}],"wp:attachment":[{"href":"https:\/\/wpnetwork.financialaid.wsu.edu\/stage-wds\/wp-json\/wp\/v2\/media?parent=28163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wpnetwork.financialaid.wsu.edu\/stage-wds\/wp-json\/wp\/v2\/categories?post=28163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wpnetwork.financialaid.wsu.edu\/stage-wds\/wp-json\/wp\/v2\/tags?post=28163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}