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Federal Direct Stafford Loans

  • First-time Borrowers

    See new loan disbursement information for first-time borrowers or one-semester-only borrowers!

This is a program offered by the federal government to make low-interest loans available to students who enroll at least half time. Repayment of the principal begins six months after the student stops at least half-time enrollment.

Federal Stafford Loans can be either subsidized or unsubsidized. A subsidized loan is awarded on the basis of financial need as determined by the FAFSA. The federal government pays the interest on the loan until the student begins repayment and during authorized periods of deferment. An unsubsidized loan is not awarded on the basis of need. The borrower will be charged interest from the time the loan is disbursed until it is paid in full.

Award amounts are limited to the award year. Total or aggregate maximums are based on the borrower’s grade level and dependency status. Entrance and exit loan counseling required.

Click here for the steps to take to apply for a Stafford Loan.

This is a chart of the loan limits for undergraduate and graduate students. For more information, contact the Financial Aid Office.

Dependent Undergraduate Stafford Loan Limits
Freshman $3,500 per year base amount (depending on need, can be sub/unsub) $2,000 increase (unsub) Total $5,500
Sophomore $4,500 per year base amount (depending on need, can be sub/unsub) $2,000 increase (unsub) Total $6,500
Junior $5,500 per year base amount (depending on need, can be sub/unsub) $2,000 increase (unsub) Total $7,500
Senior $5,500 per year base amount (depending on need, can be sub/unsub) $2,000 increase (unsub) Total $7,500
Aggregate $31,000 (no more than $23,000 of which can be subsidized)    
Independent Undergraduate Stafford Loan Limits
Freshman $3,500 per year base amount (depending on need, can be sub/unsub) $6,000 increase (unsub) Total $9,500
Sophomore $4,500 per year base amount (depending on need, can be sub/unsub) $6,000 increase (unsub) Total $10,500
Junior $5,500 per year base amount (depending on need, can be sub/unsub) $7,000 increase (unsub) Total $12,500
Senior $5,500 per year base amount (depending on need, can be sub/unsub) $7,000 increase (unsub) Total $12,500
Aggregate $57,500 (no more than $23,000 of which can be subsidized)    

unsub = unsubsidized
sub = subsidized

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Information on Direct Lending

Students and parents can get more information about the Direct Loan borrowing process.

More Info About Lending

Direct Loan Servicing

Access to access your account, make online payments, view balances and payment history, change options, get information on loan consolidation and get your 1098-E tax information.

More About Loans

Paying Your Bill

For information about making tuition and housing payments to ASU, please contact the Student Accounts/Bursar’s Office at 325-942-2008 or visit the office in Room 100 of the Mayer Administration Building.

  • Do you Have a Financial Aid Question?

    Fill out the Ask Financial Aid form if you have a financial aid question. If you are a currently enrolled student at Angelo State University and need assistance with your specific financial aid status we recommend you contact the Financial Aid Office directly at:

    Contact Us