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. You cannot have these loans cancelled because you didn't like the education you received, didn't get a job in your field of study, or you're having financial difficulty.
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 current year, meet all eligibility requirements (ex. satisfactory academic standards), and each semester be enrolled at least six semester hours that apply to a degree or a certificate that can be earned at Kishwaukee College.
Direct Subsidized Loans - you must have financial need to receive a subsidized loan. The U.S. Department of Education will pay (subsidize) the interest that accrues on your Direct Subsidized Loan during certain periods.
Direct Unsubsidized Loans - financial need is not a requirement to obtain an unsubsidized loan. You are responsible for paying the interest that accrues on your Direct Unsubsidized Loan.
Direct PLUS Loans - are loans parents can obtain to help pay the cost of education for their dependent undergraduate children. This type of loan is credit based, based on the parents credit.
2017-2018 School Year
(Fall 2017 and Spring 2018 Semesters. Loan applications for the Summer 2018 term must be obtained in person in the Financial Aid Office.)
If you are the Student, please print the entire loan packet listed below and follow the enclosed instructions to apply for a Direct Loan.
2017-2018 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.
2017-2018 Parent PLUS Loan Packet
***PLEASE NOTE: Official transcripts are strongly suggested in order to determine your maximum loan eligibility.***