/Institutions/Hamilton-College/json/current/College-Catalogue-local.json

/Institutions/Hamilton-College/json/current/College-Catalogue.json

Federal Direct Student Loans

Federal Direct Student Loans of up to $3,500 for first year, $4,500 for second year, and $5,500 for third- and fourth-year students are available for study at Hamilton through the Federal Direct Student Loan Program. The type of federal loan offered (e.g. subsidized or unsubsidized) will be determined per institutional guidelines. Eligible students can request an additional unsubsidized Federal Direct Student Loan up to $2,000. Maximum dependent undergraduate indebtedness cannot exceed $31,000. The interest rate on a Federal Direct Student Loan is 6.553% for loans disbursed on or after July 1, 2024, and before July 1, 2025, and fixed for the life of the loan. The origination fee on a Federal Direct Student Loan is 1.057%.