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About Our Loans

Types of Loans

If you need help paying for college or career school, the office of Federal Student Aid can assist you with getting the money you need. Check out this video to learn about grants, loans, and work-study jobs and how they can help fund your education.

Federal Direct Loans

As the most common source of college loan funding, Federal Direct loans have a fixed rate with low interest. Direct loans are available to students who are attending Southern at least half time (6 credit hours) and are enrolled in a program that leads to a degree or certificate. To apply for a Direct loan, you must first complete and submit the Free Application for Federal Student Aid (FAFSA). The information from your FAFSA will determine how much student aid you are eligible to receive. Direct loans are generally included as part of your financial aid package.