UMass Lowell will resume on-campus instruction, research and campus life for Fall 2020. View the plan for more info.
A loan is money that is borrowed and must be paid back with interest. Loan repayment usually begins after you have completed your education or drop below half time (6 credits) enrollment. Remember you can borrow less than is offered to you. You should only borrow what you need!
Find On SiS:
Types of Available Loans:
Federal Direct Loan Online Services:
Federal Direct Subsidized Loan:
Federal Direct Unsubsidized Loan:
Federal Perkins Loan*:
*Note: The Federal Government has discontinued any new Perkins Loans as of Oct. 1, 2017. The details below are for informational purposes only for prior Perkins Loan borrowers.
The National Student Loan Data System (NSLDS) is the U.S. Department of Education’s centralized database of all federal student Information about student and parent federal loans will be submitted to the U.S. Department of Education's national Student Loan Data System (NSLDS). NSLDS provides an overview of all federal student loans, loan amounts, enrollment status, loan servicer, outstanding balances, loan status and disbursements pertaining to a borrower. This information will also be accessible by guaranty agencies, lenders, and schools determined to be authorized users of the data system.