Financial Aid

Financial Aid

Federal Student Loans

The U.S. Department of Education offers eligible students at participating schools Direct Subsidized and Direct Unsubsidized Loans (some people refer to these loans as "Stafford Loans" or "Direct Stafford Loans"). These federally guaranteed loans are available to Florida Tech students who are U.S. citizens or eligible non-citizens.

To be considered for a federal student loan:

  • Student must file the FAFSA
  • Student must be accepted by FL Tech
  • Student must be enrolled in a degree-seeking program
  • Student must register for at least half time status

If you qualify, your loan options will be presented to you in your financial aid award letter. If you wish to take advantage of the loan(s) presented to you, you must then accept your loan(s).

Direct Subsidized Loans

Direct Subsidized Loans are available to undergraduate students who demonstrate financial need, as determined by the FAFSA. The U.S. Department of Education subsidizes the interest on your direct subsidized loan (a) while you're in school at least half-time, (b) for the first six months after you leave school ("grace period"), and (c) during a period of deferment.  For more information visit

Direct Unsubsidized Loans

Direct Unsubsidized Loans are available to undergraduate and graduate students. The borrower is responsible for paying the interest on a direct unsubsidized loan. If you choose not to pay the interest while you are in school, your interest will accrue and be added to the principal amount of your loan.  For more information visit

Accepting Your Loans

You may accept a portion of or the full amount of your loan(s) via Florida Tech's Panther Access Web System (PAWS). To complete the process, new Florida Tech students must also complete entrance counseling session and a master promissory note on Students must complete all of these steps before their first loan disbursement can be deposited in their student account (returning students with standing loans do not need to repeat the steps again).

For additional assistance with your loans or to adjust the accepted amount, please contact us.