On-Line Summer Federal Direct Subsidized/Unsubsidized Loan Request
All Summer 2013 Loan Requests should be submitted no later than June 15, 2013
As of July 1, 2013, the origination fee on all Federal Unsubsidized Loans will increase from 1% to 1.051%. Therefore, students should complete all the requirements to receive your summer loan(s) before June 15, 2013. This legislation was part of the federal Sequester budget cuts that went into place on March 1, 2013.
In addition, loans processed after July 1, 2013 will be more at risk of being delayed because they will be processed manually with the Dept. of Education.
By successfully completing this loan request form, you will be providing all the information required for Fordham to complete the processing of your loan.
- Loan amounts borrowed during the Fall and Spring terms reduce your eligibility for Federal Direct Subsidized/Unsubsidized loans in the proceeding summer term.
- Receipt of loan proceeds may be delayed if you have already submitted a Loan Request and you are changing your loan period.