Student Loans

Loans for college are an investment in your future that requires repayment. Federal student loans allow the most flexibility with repayment options and fixed interest rates.

Students need to complete a Free Application for Student Aid to be considered for Federal Direct Loans. In addition to being in an eligible program, you need to be enrolled and be enrolled at least half-time (6 credits for undergraduates, 4 credits for graduate students) to receive federal loans. While there are alternative loan options, it is important for students to explore federal loans first.

Complete Your Requirements

The Federal Direct Loan Program requires first-time borrowers to complete Entrance Loan Counseling and a Master Promissory Note (MPN) before they can receive a loan disbursement. 

Exit Counseling is required when you enroll less than half-time or leave the University of Michigan-Dearborn. 

More information is available on the Federal Student Aid Website.

Only Borrow What You Need

Responsible Borrowing

Office of Financial Aid & Scholarships

1183 - James C. Renick University Center
4901 Evergreen Road
Dearborn, MI 48128
View on Map