Direct Student Loans

Direct Student Loans

Student loans, unlike grants and work-study, are borrowed money that must be repaid, with interest, just like car loans and home mortgages.  Loans made through this program are referred to as Direct Loans, because eligible students and parents borrow directly from the U.S. Department of Education at participating schools.

Federal Direct Loans are processed by request only.

To be eligible for a federal student loan you must:

  • have a complete financial aid file for the academic year you are applying for.
  • meet all eligibility requirements (ex. satisfactory academic standards),
  • each semester be enrolled at least six semester hours that apply to a degree or a certificate that can be earned at Kishwaukee College.
Type Need Based Acrues Interest While in 6+ Credits Credit Based Borrower
Direct Subsidized YES NO NO Student
Direct Unsubsidized NO YES NO Student
Direct PLUS Parent NO YES YES; Parent Parent
 

Kishwaukee College Student Loan Code-of Conduct

2018-2019 Loan Information Packet

2018-2019 includes Fall 2018, Spring 2019, and Summer 2019.

If you are the Student, please print the entire loan packet listed below and follow the enclosed instructions to apply for a Direct Loan.

2018-2019 Direct Student Loan Packet

If you are the Parent, please print the entire loan packet listed below and follow the enclosed instructions to apply for a Direct PLUS Loan.

2018-2019 Parent PLUS Loan Packet

***PLEASE NOTE: Official transcripts are strongly suggested in order to determine your maximum loan eligibility.***

2019-2020 Loan Information Packet

2019-2020 includes Fall 2019, Spring 2020, and Summer 2020.

If you are the Student, please print the entire loan packet listed below and follow the enclosed instructions to apply for a Direct Loan.

2019-2020 Direct Student Loan Packet

If you are the Parent, please print the entire loan packet listed below and follow the enclosed instructions to apply for a Direct PLUS Loan.

2019-2020 Parent PLUS Loan Packet

***PLEASE NOTE: Official transcripts are strongly suggested in order to determine your maximum loan eligibility.***