Ford Direct Subsidized Stafford Loan
The Ford Direct Stafford Loan program allows students to borrow money from the federal government at a low interest rate. Interest rates are fixed based on current federal Stafford loan rates. No repayments are due and no interest accrues until six months after the student graduates, leaves the University, or ceases to be a half-time student. Origination and processing fees of approximately one percent are deducted from the loan amount borrowed.