威廉D号. Ford Federal Direct Loan Program provides low-interest loans to help eligible students cover the costs of higher education. 符合条件的学生直接从美国贷款.S. Department of Education, and loans are either subsidized or unsubsidized.
There is a limit on how much a student may borrow both in a single academic year and overall. Wake Tech will determine how much you can borrow and the types of loans, 这取决于你在学校的年级, 无论你是否是一个独立的学生, 你的经济需求和其他因素. 例如, you may be eligible for both subsidized and unsubsidized loans, provided you do not exceed the combined annual limits for both kinds of loans.
*Dependent students whose parents cannot obtain a PLUS Loan have the same limits as independent students.
When students review their financial aid package in 自助服务, they will have to accept or reject each loan individually electronically.
For any accepted loans, the student will go through an 入学辅导 provided by the federal government and must complete and sign a 主本票. 在线咨询环节, 大概是30分钟, is required of first-time borrowers and includes information about loans and student rights and responsibilities. The 主本票 can be completed online, with Wake Tech designated as the institution. Allow three to five business days for electronic confirmation of the transaction.
Wake Tech also requires all student loan recipients to complete a Financial Literacy course, which offers helpful advice about when to take out a loan, 如何管理还款,如何做预算.
贷款资金的发放
学生 will be paid through Wake Tech in two or more installments – no single Stafford loan installment may exceed one-half of the loan amount – to pay for tuition and fees and other school charges. 学生 must be enrolled and actively attending at least six credit hours at the time loan funds are disbursed. 学生 are limited to one academic year of loans for the completion of transitional courses.
利率
The government adjusts the interest rate on 直接斯塔福德贷款 on July 1 every year, 但速率不超过8.25%. 学生将在任何时间收到费率变化的通知. All Direct 贷款 also include an origination fee that is deducted from the total loan amount before disbursement.
州议员创建了 可免除的教育服务贷款计划 to provide financial assistance to qualified students who are committed to working in fields designated as critical employment shortage professions in North Carolina. 学生 must be North Carolina residents and meet certain requirements, such as signing a promissory note requiring them to seek loan forgiveness through employment in an approved position or repay the loan in cash. Generally, a loan for one academic year will be forgiven for one year of full-time employment.
除了政府支持的贷款, students can also borrow money from banks and other private lenders. Wake Tech提供服务 互动工具 to guide students through the borrowing and repayment processes for these types of loans.
Repayment of federal student loans begins six months after graduation or after dropping below half-time enrollment. 各种各样的 还款计划选择 是可用的. 贷款整合 would mean making a single payment each month instead of multiple ones, 可能是不同的贷款人.
Direct Loan recipients are required to complete an 退出咨询会, which includes a review of the terms and conditions of their loan(s) and the repayment process. The 金融援助 Office can provide more information.
All loans by students or their parents are submitted to the National Student Loan Database System and can be accessed by guaranty agencies, lenders and schools determined to be authorized users of the system.