The last day to process Federal Direct Stafford Loans for the 2016-17 aid year is Wednesday, May 3 2017.

Federal Direct Subsidized/Unsubsidized Loans: You must accept the loan via the Student Administration system by May 3, 2017.  Loans accepted after that date cannot be processed.

Federal Direct PLUS Loans: The parent or graduate student borrower must be approved for the loan via by May 3, 2017 to ensure processing by the deadline.