- Regulatory changes for all student loan recipients: If you are a first-time borrower on or after July 1, 2013, there is a limit on the maximum period of time you can receive Direct Subsidized Loans only. Click here for more information.
- All Federal Loans borrowed will be submitted to the National Student Loan Data System (NSLDS), and will be accessible by guaranty agencies, lenders, and schools determined to be authorized users of the data system. (Title IV of Higher Education Act, 1965). For more information please visit: www.nslds.ed.gov
Subsidized loan is a need-based loan and the interest is paid by the government while you are actively enrolled in school and for a six-month grace period.
Unsubsidized loan is NOT a need-based program and the student is responsible for all interest accrued from the date of disbursement.
Parents apply for a loan for their dependent child.
Private student loans are not part of the Federal student loan program and they do require a credit check. You may borrow your private loan from any lender you choose.
Florida Southwestern State College has teamed up with EdFinancial Services to help explain the student loan repayment process. For more information please visit: www.HESschools.com/fsw
To retrieve your loan information visit the National Student Loan Data System (NSLDS) https://www.nslds.ed.gov/npas/index.htm