Why did we drop the old Federal Family Education Loan (FFEL) program?
Fees were rising and several lenders were dropping out. In the future, you’ll receive better, lower rates and better service from this change. No change to your old loan If you have an existing loan in an old program, nothing changes. After you finish school or if you attend less than half time, you can ask for a Direct Consolidation Loan from our Direct Loan Program or the FFEL program to combine all FFEL and Direct Loans. If you are at least half time at UHCL, you may qualify for a low-interest Federal Direct Loan Federal Direct loans are available for both undergraduate and graduate students. You can use the loans to pay tuition and fees, as well as some other living expenses (such as room and board, books and transportation). You can receive Federal Direct loans as subsidized, unsubsidized, or as a combination of the two. Direct loans can be subsidized – interest-free while you’re in school – if you qualify To qualify for a subsidized loan, complete the FAFSA form. If your FAFSA re
