Loans are available for students and/or parents. This type of funding must be repaid according to the terms specified by the loan program.

Federal Direct Stafford Student Loan

ECC participates in the federal Direct Stafford Student Loan Program. Loans are originated, processed and disbursed directly by the federal government.

Subsidized Federal Direct Stafford Student Loan

  • Based on financial need.
  • Interest is subsidized (paid by the government while the student is enrolled or in an approved grace or deferment period).

Unsubsidized Federal Direct Stafford Student Loan

  • Not based on financial need.
  • Interest accrues from the time of disbursement and is capitalized (added to the repayment amount) after the six-month grace period. Learn how to apply for Direct Stafford Student Loan.

Stafford Loan Limits

The amount you can borrow at ECC is based on your dependency status (dependent or independent), cost of attendance budget, financial need and grade level.

Federal Parent PLUS Loan

Parents of dependent students have the option of using a federal education loan. Please contact the Financial Aid and Scholarships Office for more information about the Federal Parent PLUS Loan.