Federal Direct and Federal Graduate PLUS Loans

To be eligible for a federal loan, you must:

  1. Submit the appropriate free application(s) for Federal Student Aid (FAFSA). Typically, students who complete the FAFSA will be eligible for $20,500 in Federal Direct Loans for the 2013-2014 academic year. (For students entering in summer 2013, the summer semester eligibility is $20,500 if you have not used any Federal Direct Loan monies in the 2012-2013 academic year.)
  2. Be enrolled at least half-time at an ABA-approved law school.
  3. Be a U.S. citizen or an eligible non-citizen.
  4. Have no educational loan defaults on record or owe a refund on an educational grant.

Submitting the FAFSA

Summer Applicants: You must submit two free applications for Federal Student Aid (FAFSA). For summer 2013 loan eligibility, submit or update the current (2012-2013) FAFSA. For fall 2013 and spring 2014 loan eligibility, submit the 2013-2014 FAFSA. List the University of Dayton (Federal Code 003127) to ensure we receive the results.

Deadline for submission: The FAFSA needs to be filled out annually and should be completed preferably by March 1.

Fall Applicants: Submit the 2013-2014 free application for Federal Student Aid (FAFSA) as soon after Jan. 1 as possible to be considered for a federal loan. List the University of Dayton (Federal Code 003127) to ensure we receive the results.

Deadline for submission: The FAFSA needs to be filled out annually and should be completed preferably by May 1.

Federal Direct Loan: Unsubsidized

  • Award is not based on financial need.
  • Maximum amount is $20,500 per academic year. For students entering in summer 2013, the summer semester eligibility is up to the full $20,500 (not to exceed cost of attendance when combined with other aid) if you have not used any Federal Direct Loan monies in the 2012-2013 academic year.
  • Interest accrues while you are in school. Payment begins after graduation or when attending less than half time.

Federal Graduate PLUS Loan

Eligibility for this loan is determined, in part, by your personal credit-worthiness. For more information, visit the University of Dayton Office of Financial Aid website.