Federal Direct Loans
The Federal Direct Loan program is a federal aid program that helps you pay some of your educational expenses. This program is available to students with and without financial need.
Federal SUBSIDIZED Direct Loan
This loan is awarded to students who demonstrate financial need. Occidental students may borrow based on their need, year in school, and satisfactory academic progress. When a student is enrolled at least half-time, there is no repayment of interest or principal required.
The Budget Control Act of 2011 eliminates the interest subsidy for Federal Direct/Stafford loans made to graduate and professional students for periods of enrollment beginning on or after July 1, 2012.
Federal UNSUBSIDIZED Direct Loan
This loan is available to students who do not demonstrate financial need. While the terms of the loan are similar to those noted above, interest accrual is immediate. Students may choose to pay interest while in school or have it capitalized onto the principal balance.
- Mailing Address:
Financial Aid Office
1600 Campus Road F-35
Los Angeles, CA 90041
Arthur G. Coons
- Phone: (323) 259-2548
- Fax: (323) 341-4961
- Email: email@example.com