Federal Direct Loan (Subsidized)

A Federal Direct loan is available to students who demonstrate financial need. Award amounts are based on grade level, dependency status and budget.

The maximum amounts are: $3,500 for a first-year undergraduate student, $4,500 for a second-year student and $5,500 for a third or fourth-year student. Subsidized loans first disbursed on or after July 1, 2013, have an interest rate of 3.86% for undergraduate students. There is a 1.072% origination fee charged by the federal government on Federal Direct Subsidized loans. The federal government pays the interest on the loan as long as the student is enrolled at least half-time. Eligibility is based on other sources of financial aid received and a parental contribution factor. Students and parents will borrow directly from the U.S. Department of Education. For Federal Loans, students must apply no later than a week before the end of the current term for the term they are seeking aid.

Need-based aid: Yes

Award Amount

$3,500–$5,500

Eligibility

This aid is for new, returning, transfer, day, evening, part-time, full-time, freshman, sophomore, junior and senior students. 

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Bailey Fernandez, future student, visits with Coach Moore.
I had a wonderful visit with Coach Moore. I’m excited to attend my first year of college at Lynn University 2019–20.
Bailey Fernandez, student
Students share a moment after participating 2018 MLH Local Hack Day
Students share a moment after participating in the 2018 MLH Local Hack Day - a global annual innovation fest at Lynn.
Ja'dan Johnson, student
Lynn Debate team winning finalists.
Lynn Debate won Finalists, speaker awards at U Miami Dec 1-2. Each debater earned a first of four ranking at least once!
Kathryn Hamm, faculty member
Students participating in Local Hack Day in the Social Impact Lab on campus
Students in the Social Impact Lab participated in the 2018 Local Hack Day - a global annual innovation fest.
Ja'dan Johnson, student
Representing Lynn University in Costa Maya, Mexico.
Lynning in Costa Maya Mexico.
Chenelle Seraphin, staff member
Christmas tree in Lynn Library
Lynn Library 2019 Tree!
Charlotte Jerdak, student

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