Loan proration

Your annual Federal Direct loan amount may be prorated if you finish your undergraduate program at the end of the fall semester.

Loan proration formula

Example of eligibility if enrolled full-time, dependent student:

Example of eligibility if enrolled full-time, independent student:

Example of eligibility if enrolled 3/4-time, dependent student:

Example of eligibility if enrolled 3/4-time, independent student:

Example of eligibility if enrolled half-time, dependent student:

Example of eligibility if enrolled half-time, independent student: