Federal Loans

Eligible students may borrow an Unsubsidized Direct Loan and/or a Direct Graduate PLUS loan to help finance the cost of education.

Some students rely on loans to cover at least some portion of educational costs. DSPT is authorized by the Department of Education to help students secure Title IV federal loans.

Eligible students may borrow an Unsubsidized Direct Loan and/or a Direct Graduate PLUS loan to help finance the cost of education including the costs for books and supplies, room and board, transportation, and other expenses related to a student’s education that are part of the official cost of attendance

To determine your eligibility for Title IV funds and discuss the obligations entailed in taking out loans, students should make an appointment with the Financial Aid Director at DSPT.

In order to be eligible for Title IV federal loans, students submit a Free Application for Federal Student Aid (FAFSA) to the U.S. Department of Education each year. Our Federal School Code is: 016673.

Cost of Attendance

To establish a student’s financial need and the total aid a student may receive under the Federal Student Aid program, the DSPT calculates an estimated Cost of Attendance (COA), or standard student budget, for each financial aid applicant.