Financial Aid

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Reed College participates in the William D. Ford Federal Direct Loan program. Students and parents borrow loans directly through the U.S. Department of Education, rather than through private lenders. To learn more about these loan programs, visit StudentLoans.gov.

Apply for a Direct Loan for students

The Direct Loan is for students, to assist them in meeting their educational costs.

Application Instructions

  1. Accept your loan(s) on Banner Self-Service.
  2. New borrowers sign a Direct Loan Master Promissory Note (MPN) at StudentLoans.gov.
  3. New borrowers complete Direct Loan entrance counseling.

If you need assistance completing the MPN or entrance counseling, call the Direct Loan Origination Center at 1-800-557-7394.

Apply for a Direct PLUS Loan (Parent or Grad)

The Direct PLUS Loan is an unsubsidized loan for the parents of dependent students and for MALS students. Direct PLUS Loans help pay for educational expenses up to the cost of attendance minus all other financial aid.

Application Instructions

  1. If not already completed, the student must submit a Free Application for Federal Student Aid (FAFSA) at FAFSA.gov.
  2. Complete the PLUS Request Process at StudentLoans.gov.
  3. New borrowers sign a Direct PLUS Loan Master Promissory Note (MPN) at StudentLoans.gov.

If you need assistance completing the PLUS Request Process or the MPN, call the Direct Loan Origination Center at 1-800-557-7394.

Loan History

The National Student Loan Data System displays information on your federal loans amounts, outstanding balances, loan statuses and disbursements. You can access your loan information on this site with the same PIN that you used to sign your FAFSA.

Direct Loan Repayment

For information on repaying your Direct Loans, visit the Direct Loan Servicing homepage.

Direct Loan Consolidation

A Federal Direct Consolidation Loan allows you to combine one or more of your federal education loans into a new loan that offers you several advantages such as one monthly payment, flexible repayment options, and reduced monthly payments.

For more information, call 1-800-557-7392 or visit the Direct Loan Consolidation homepage.