Got Questions?

To apply for a Federal Direct Loan, you must complete and submit the Free Application for Federal Student Aid (FAFSA) and complete Entrance Counseling, and a Master Promissory Note.

Federal Direct Subsidized loans are based on financial need. Interest is paid by the government while you are enrolled at least half-time and during the grace period or period of deferment. Federal Direct Unsubsidized loans are not based on financial need. Interest begins to accrue within 60 days of disbursement.

The Federal Direct Parent Loan for Undergraduate Students (PLUS) is for parents of dependent students only. PLUS is a non-need-based federal loan available through the federal government. Awards are up to the cost of attendance per academic year, minus other aid.

Graduate and professional students can borrow a Grad PLUS loan up to the student's USF's estimated cost of attendance minus any other aid or resources received.

You will need to contact Student Accounting Services (SAS), in the Student Services Building (room SVC 1039) to check on the status of your promissory note or you may call them at (813) 974-6056. You must sign a promissory note each term before the funds can be disbursed to your student account.