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Federal Subsidized Loans

Federal Subsidized Loans do not accrue interest during the student's time in school. Interest begins to accrue on subsidized loans after graduation (or the student ceases enrollment) and the six-month grace period. The federal government provides subsidized loans to undergraduate students based on need. After submitting your FAFSA, University Scholarships and Financial Aid  will review you automatically for eligibility.


In order to obtain the loans offered, you will need to complete Entrance Counseling and a Master Promissory Note online at Federal Student Aid.  Go to Complete Aid Processes in the menu. 

Eligibility requirements include enrollment in a degree-seeking program at least half-time and that you have sufficient need based on your Expected Family Contribution (EFC).

Additional requirements for these loans include maintaining Satisfactory Academic Progress (SAP) and staying within Aggregate Loan Limits (the maximum total amount of federal loans a student may borrow).

When Graduating:

When you graduate you will have to complete Exit Counseling, and the repayment of these loans will commence after a six-month grace period.

Aggregate Loan Limits:

The aggregate loan limit is the maximum total borrowing allowed for all Federal Direct Student Loans (subsidized and unsubsidized combined). For dependent undergraduate students this limit is $31,000, of which no more than $23,000 can consist of subsidized loans. For independent undergraduate students the aggregate limit is $57,500, of which no more than $23,000 can consist of subsidized loans. 

Maximum annual loan amounts for Subsidized Loans:

Freshmen $3,500

Sophmore $4,500

Junior    $5,500

Senior    $5,500