Federal Direct Loans

Loans are a form of self help aid and must be repaid.

All Kent State University students who complete the FAFSA will be awarded the Federal Direct Loan based on the grade level. The Subsidized Direct Loan is awarded to students who demonstrate financial need. The Unsubsidized Direct Loan is awarded to students who do not demonstrate financial need. Interest will accrue on unsubsidized loans and will capitalize unless you choose to pay the interest while in school.

In order for the loan funds to apply to your student account, you must go Online to accept the Direct Loan award. Access your FlashLine account.

  • Click on "Financial Aid Awards" link at the top of the Student / Finances page. Select Aid Year and submit. Under the Accept Award Offer tab, you have the option to reduce, decline, or accept your Direct Loan award.
  • Once you submit your option and would like to change, you must contact the Student Financial Aid Office.

Federal direct Stafford loan

  • Interest start accruing on date of disbursement at 6.60%
  • Loan Fee 1.062%
  • Yearly Maximums:
    • 12 month term - $47,167
    • 11 month term - $44,944
    • 10 month term - $42,722
  • Total aggregate loan amount is $224,000
  • 6 month grace period
  • Standard repayment 10 years - can extend with alternative repayment plans (see Loan Repayment)

You must complete a Master Promissory Note and complete graduate loan entrance counseling if this is your first Direct Unsubsidized Stafford Loan at www.studentloans.gov. 


FEDERAL DIRECT PLUS loan

  • Interest starts accruing on date of disbursement at 7.60%
  • Loan Fee 4.268%
  • Cost of attendance less other Financial Aid
  • 6 month grace period
  • Standard repayment 10 years - can extend with alternative repayment plans (see Loan Repayment)

You must complete a Master Promissory Note and complete graduate loan entrance counseling if this is your first Direct Unsubsidized Stafford Loan at www.studentloans.gov. 

The Federal Direct Loan is credit-based. Kent State University will send the information to the Department of Education, you do not need to complete an application on-line; however, you will need to complete the Federal Direct Graduate PLUS Loan Request form that allows the school to have your credit reviewed by the Department of Education.

If your loan is initially denied, you will be notified by Direct Loans. You will have an option to appeal the credit decision by contacting the Department of Education customer service between 8:00 AM and 8:00 PM Easter Time, Monday - Friday at 800-557-7394; you also have the option of obtaining an Endorser (co-signer).