A Federal Direct Loan is a form of financial aid that is borrowed and must be repaid with interest. Loans are available to students and parent(s) to help meet the cost of education after all other funding options have been exhausted.
Students must be enrolled in a minimum of six credit hours that meet Program Objective Enrollment Compliance (POEC) to be considered for a loan. Initial amounts may be adjusted if your graduation term falls within your loan period.
Learn About Your Loan Debt and Repayment Options
Do you want to know what Broward College is doing to prepare you for loan repayment?
Broward College will provide the following information annually to our students receiving loans:
- An estimate of the total amount of loans.
- An estimate of the potential loan repayment amount, including principal and interest.
This information is available through myBC. Once a student signs on to myBC, an alert will appear requesting a review of their financial aid loan information. The next alert will display the current loan debt as reported to the National Student Loan Data System (NSLDS). The student is requested to review and confirm the information reported from NSLDS. This confirmation is stored in the student's records.
Note: This information will not be displayed for students with no prior loan history.