The Free Application for Federal Student Aid (FAFSA) is the only application required to receive federal student loans. It’s not too late to submit the FAFSA for the current academic year and receive federal student loans. The FAFSA application for the current academic year is available until June 30th. Current students who will be enrolled for the upcoming academic year must submit the FAFSA again by April 1st to receive a financial aid offer notification by mid-June. For more information about federal student loans watch the Financial Aid Video Library.
Submit the 2024-2025 FAFSA for the upcoming academic year which covers the Fall 2023/Spring 2024/Summer 2024 semesters:
- DUSON School Code: 002920
- Complete using 2022 tax information
- The Direct Data Exchange will import 2022 into the FAFSA
- Parent financial information is NOT required
Eligibility Requirements:
- Must be a U.S. citizen or eligible noncitizen
- Must have a valid social security number
- Be enrolled in a degree seeking program
- Be enrolled in a minimum of 3 credit hours in fall/spring semesters and 2 credit hours in summer semester
- Must maintain satisfactory academic progress
Annual Federal Student Loan Amounts:
| Direct Unsubsidized Loan | Direct Grad Plus Loan | |
| Per academic year | $20,500 maximum | Up to total Cost of attendance |
| 2024-25 Interest Rate | 8.083% fixed | 9.083% fixed |
| Credit-based | No | Yes |
| Aggregate Limit | $138,500 | Up to cost of attendance |
| 2024-25 Origination Fee | 1.057% | 4.228% |
For more information regarding federal student loans, visit the StudentAid.gov website.
