Loans
Federal Perkins Loan
Federal Direct Unsubsidized Stafford Loan
Federal Direct GRAD PLUS Loans
FAFSA Required? |
Yes |
Need-Based? |
Yes |
Range of Awards |
$6,000 annual limit |
Interest Rate |
5% |
Repayment Begins |
9 months after graduation or below half-time enrollment. |
Aggregate limits |
$40,000 |
FAFSA Required? |
Yes |
Need-Based? |
No |
Range of Awards |
$20,500 annual limit |
Interest Rate |
Fixed rate of 6.8% |
Repayment Begins |
6 months after graduation or below half-time enrollment. |
Aggregate limits |
$138,500 including any undergraduate loans. |
Additional Information
Beginning July 1, 2013 the loans fees for the Direct Stafford Loan will be increased from 1.0% to 1.051%.
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FAFSA Required? |
Yes |
Need-Based? |
No |
Range of Awards |
Students may borrow up to the total annual cost of attendance less other financial assistance. |
Interest Rate |
Fixed rate of 7.9% |
Repayment Begins |
Payment is not required while enrolled at least half time. |
Aggregate limits |
None |
Additional Information
Beginning July 1, 2013 the loan fees for the Direct PLUS Loan will be increased from 4.0% to 4.204%.
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