Student Loans

Richland participates in the Direct Loan Program, which includes the Direct Subsidized Loan, the Direct Unsubsidized Loan, and Direct PLUS Loans. These are low-interest loans to students made by the Department of Education. In order to receive a loan, students must apply for financial aid by filling out the Free Application for Federal Student Aid (FAFSA) and completing their financial aid paperwork prior to submitting a loan request. Students must be enrolled in 6 or more credit hours and not be on financial aid suspension to receive a loan. Loan counseling and Master Promissory Note are required for all applicants. Eligibility for a Direct Subsidized loan is calculated prior to calculating the Direct Unsubsidized and/or Direct PLUS eligibility. For more information, contact the Financial Aid Office, Room N118.