Direct Subsidized Loan Limitation for First-Time Borrowers

 

If you are a FIRST-TIME LOAN BORROWER  (ie: you have never received a student loan(s) with a disbursement prior to July 1, 2013 OR you have fully repaid your prior student loan balance(s) prior to July 1, 2013 and have applied for another student loan(s to be disbursed on/after July 1, 2013), please read this IMPORTANT INFORMATION regarding the maximum period of time in which you may receive the Direct SUBSIDIZED Loan during your college career.