Warren Wilson College participates in the William D. Ford Federal Direct Loan Program which includes Subsidized and Unsubsidized Loans, as well as PLUS Loans for Parents or Graduate Students. With Direct Loans the lender is the U.S. Department of Education rather than a bank or other lending institution.

In order to qualify for Federal Direct Subsidized, Unsubsidized, or Graduate PLUS Loans you must file the Free Application For Federal Student Aid (FAFSA). You can file electronically at Even if you feel that you will not qualify for need-based aid, please keep in mind that by filing the FAFSA, you will be eligible for the lower interest Direct Unsubsidized Loan.

Please click on the following for more information on Federal Loans:

Federal Direct Subsidized and Unsubsidized Loans (Undergraduate)

Federal Direct PLUS Loan for Parents

Federal Direct Unsubsidized Loans (Graduate)

Federal Direct PLUS Loan for Graduate Students

Federal Direct Loan Calculators and and Interest Rates

Important Information About Student Loans for 2017-2018

Below are the interest rates for 2016-2017; interest rates for 2017-2018 will be published by the Department of Education at a later date.

3.76% for Direct Subsidized Loans and Direct Unsubsidized Loans for undergraduate students;
5.31% for Direct Unsubsidized Loans for graduate/professional students; and
6.31% for parent and graduate PLUS Loans.

These interest rates are effective for all Direct Loans with a first disbursement on or after July 1, 2016 through June 30, 2017. The interest rates are calculated using a base 10-year Treasury Note Index plus an add-on amount for each loan program.

Private Student Loans

Private loans are NOT backed by the Federal Government. Please file the FAFSA to begin the application process for Federal Direct Loans. Even if you are ineligible for need-based aid, you will still be eligible for the lower-interest Direct Unsubsidized Loan and a Direct PLUS Loan for Parents.

Code of Conduct/Loan Disclosure