GRADUATE CATALOG • 2010-2011

All students applying for financial aid must complete the FAFSA (Free Application for Federal Student Aid) between January 1st and May 1st for the following academic year. Graduate students are eligible for various types of educational loans made available through both the federal government and private lenders. The following is a partial list of federal loans. For additional information, please contact the Student Financial Services.

Graduate students are eligible for various types of educational loans made available through both the federal government and private lenders. The following is a partial list of federal loans. For additional information, please contact the Student Financial Services.

Federal Direct Subsidized Stafford Loans: These are federally subsidized and guaranteed loans made through participating banks and lenders. No interest is charged while the student is enrolled in school, and the standard repayment term is ten years. Annual loan limits are tied to the cost of attendance and individual eligibility.

Federal Direct Unsubsidized Stafford Loans: These loans are available to students regardless of need, however, interest accrues while the student is enrolled in school. The interest rate is the same as that of the subsidized Stafford program. Annual loan limits are tied to the cost of attendance and individual eligibility.

Direct Grad PLUS Loans may be available to students enrolled at least half-time in a graduate or professional program. Direct Grad PLUS borrowers may borrow up to the cost of attendance for the period of enrollment, minus other estimated financial assistance received for that period. Grad PLUS Loans are subject to credit review; however, a Direct Grad PLUS applicant who has an adverse credit history may be able to obtain the loan with an endorser who does not have an adverse credit history. To apply, students must complete the FAFSA.