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The Office of Financial Assistance News: New Time Limitation on Direct Subsidized Loan Eligibility for First-Time Borrowers on or after July 1, 2013

A new federal regulation affecting new borrowers limits the time period during which you can receive Direct Subsidized loans to 150 percent of the standard length of the program in which you are enrolled. For a four-year baccalaureate degree program, the maximum period a new borrower can receive subsidized loans is six years. For more information visit the US Department of Education website at www.ed.gov/.

If you borrowed student loans prior to July, 1, 2013, you are exempt from this limitation on subsidized loans.

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