EDCC Logo
 
Financial Aid Services

The William D. Ford Direct Loan Program

Edmonds Community college offers Direct Stafford Loan funds through the federal Direct Lending Program. The William D. Ford Direct Loan website provides detailed information about taking out a student loan as well as useful tools to help you manage your student loan, determine how much you can/should borrow, repayment information, and up to date interest rates.

How Do I Apply For A Direct Loan?

How Much Can I Borrow?

Year in School

Subsidized Loan*

Unsubsidized Loan**

Dependent – parent included on FAFSA
1st year – less than 45 college level credits

$3500

$2000 $5500
(combined max $5500)

Dependent – parent included on FAFSA
2nd year – 45 or more college level credits

$4500

$2000 $6500
(combined max $6500)

Independent
1st year – less than 45 college level credits

$3500

$6000 $9500
(combined max $9500)

Independent
2nd year – 45 or more college level credits

$4500

$6000 $10,500
(combined max $10,500)

Other Notes and Reminders