Georgia Institute of Technology

Federal Direct Loan Program

Georgia Tech participates in Direct Lending, which provides a streamlined, high-quality, cost-effective, and dependable loan program for Georgia Tech families. The Federal Direct Loan Program includes:

  • Subsidized Direct Student Loans for Undergraduate Students
  • Unsubsidized Direct Student Loans
  • Direct Parent PLUS Loans
  • Graduate Direct PLUS Loans.

Comprehensive information on these loans is available at www.studentloans.gov.

Updates regarding the new (October 2011) loan repayment options can be found at the Federal Student Loan Consolidation page and the Federal Income-Based Repayment Plan page.

Steps required for all borrowers:

  • To apply, complete the FAFSA and Georgia Tech Application for Scholarships and Financial Aid (GTAPP) for the appropriate academic year. Indicate on the GTAPP that you want to be considered for loans.
  • To finalize loans that appear on your Award Notice, there are three steps:

Step

Timeframe

Action

Step #1

Complete this step each year
For Complete By
Fall June 1
Spring December 1
Summer April 1

Submit
(A) the online Direct Student Loan Certification* and/or
(B) the Direct Parent PLUS Loan Request (This application is to be completed by dependent undergraduates working with their parent on the parent portion of the form. To protect security of the information provided, students must log in with their GT password.)* or
(C) the Direct Grad PLUS Loan Certification (Graduate students only)*

* Be sure to complete the form for the appropriate year.

Step #2

Complete this step just once at Georgia Tech
For Complete By
Fall June 1
Spring December 1
Summer April 1

Please allow 2-3 business days for BuzzPort to update.

Complete Student Loan Counseling at www.studentloans.gov/
This step is requred for the Subsidized and Unsubsidized Direct Stafford Student Loans and for the Graduate PLUS loan. It is not required for the Parent PLUS loan.

Step #3

Complete this step just once at Georgia Tech
For Complete By
Fall June 1
Spring December 1
Summer April 1

Note: MPN requirements will appear as satisfied in BuzzPort beginning July 1.

Please allow 2-3 business days for BuzzPort to update.

Sign the electronic Master Promissory Note (MPN) now or on receipt of your notice

Step #4

Complete just once at Georgia Tech (unless changing account information)

During registration period

Sign up for Direct Deposit See Bursar page for details: http://www.bursar.gatech.edu/dirdep.php

Step #5

Complete for every semester of enrollment

During registration period

Register for at least 6 credit hours. Disbursements to eligible students begin on the Wednesday before the first day of class.

Annual and Aggregate Loan Limits

Direct Lending FAQs

Student Direct Lending Brochure

Parent Direct Lending Brochure

Other Loans at Georgia Tech:

This website last updated/reviewed on 03/29/12