ATC Federal Direct Loans

Federal Direct Loans

Federal Direct Stafford Loans (Subsidized and Unsubsidized)

Atlanta Technical College participates in the William D. Ford Direct Loan Program (Direct Loans). *Federal loans are borrowed funds that you must repay with interest. Federal student loans allow students and their parents to borrow money to help pay for college through loan programs supported by the federal government. They have low-interest rates and offer flexible repayment terms, benefits, and options.

Basic Eligibility Requirements:

  • Must be enrolled in a Title IV eligible program. Click HERE for a list of eligible programs.
  • Must be enrolled in at least 6 credit hours each semester.
  • Must accept Federal Direct Loan award(s) in BannerWeb. Click HERE for instructions on how to accept/decline loan awards.
  • Must log onto to complete the Master Promissory Note and Entrance Counseling requirements.

Atlanta Technical College Cohort Default Rate

A cohort default rate is the percentage of a school’s borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meets other specified conditions prior to the end of the second following fiscal year.

Please see the Cohort Default Rate comparison below:

FY2018 National Cohort Default Rate: 7.3 Percent
FY2018 Atlanta Technical College Cohort Default Rate: 10 Percent

ATC Cohort Default Rate
Effective Fall 2016: All Federal Direct Loans will be disbursed in two (2) equal payments each semester for students who are registered in Term 1 courses only. After the scheduled disbursement date, Atlanta Technical College Business Office has up to 14 days to issue refunds.
Spring 2023 Disbursement Schedule:
Disbursement 1: January 23, 2023 - All students enrolled in 10-week courses only

Disbursement 2: February 6, 2023 - All students enrolled in 10-week courses only

Students Enrolled in Term 3 Courses Only: March 20, 2023

First-Year, First-Time Borrowers: All first-year, first-time undergraduate borrowers are required to wait 30 days after the first day of the enrollment period (semester, trimester, etc.) for the first disbursement (Refunds will be issued 14 days after the disbursement date).
First Time Loan Borrowers Disbursement Schedule:
Students Enrolled in Term 1 or Term 2 Only: February 8, 2023
Students Enrolled in Term 3 Courses Only: April 5, 2023
Direct Subsidized Loan

Direct Subsidized Loans are for undergraduate students only effective July 1, 2012, with financial need. Students are not charged interest while enrolled at least half-time and during grace periods and deferment periods. After graduation, leave school or drop below half-time enrollment, students have a period of time before beginning repayment. This “grace period” will be six months for both loans.

Direct Unsubsidized Loan
Loan Entrance Counseling
Exit Loan Counseling

As an undergraduate student, how much can I borrow each year?

Undergrad Loans

What are the Interest rates for Federal Student loans?

The interest rate varies depending on the loan type and (for most types of federal student loans) the first disbursement date of the loan.
The table below provides interest rates for Direct Loans first disbursed on or after July 1, 2022.

*Interest Rates for Direct Loans First Disbursed on or After July 1, 2022 and Origination Fees

Direct Subsidized & Unsubsidized Loans

Borrower Type: Undergraduate

Fixed Interest Rate: 4.99%

*Loan Origination Fees for Direct Subsidized Loans and Direct Unsubsidized Loans (Effective October 1, 2022). Loans first disbursed prior to Oct. 1, 2022, have different loan fees. Please contact the Department of Education for additional information – Call: 800.433.3243.

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Atlanta Technical College
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Federal Direct Loans

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State Aid

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Office of Financial Aid 
Hours of Operation:
Monday - Thursday 8am to 7pm
Friday - 8am to 2pm
Saturday: Virtual Appointments Only
Click here for FAQS

Contact Information 
Phone: 404-225-4716
Fax: 404.225.4721

General Questions:
Federal Work-Study Questions:
Federal Direct Loans:
Veterans Educational Benefits:

As set forth in its student catalog, Atlanta Technical College does not discriminate on the basis of race, color, creed, national or ethnic origin, sex, religion, disability, age, political affiliation or belief, genetic information, veteran status, or citizenship status (except in those special circumstances permitted or mandated by law). For further information regarding these laws (Title VI and IX) contact Mattie Goss, Director of Student Services, Academic and Student Affairs Division, Atlanta Technical College, Academic Building, C1111B, 404.225.4446. Email: To request reasonable accommodations upon enrollment (Section 504/ADA), contact Mattie Goss, Director of Student Services, Atlanta Technical College, Academic, and Student Affairs Division, Academic Building, C1111B, 404.225.4446. Email:  Faculty and staff with questions about equity or reasonable accommodations should contact Human Resources, Cleveland Dennard Building, suite B-180A, Atlanta Technical College, 1560 Metropolitan Parkway, SW, Atlanta, GA 30310. 404.225.4446. Email: