Applying for Loans

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GRADUATE STUDENT LOANS
	General Eligibility Requirements
	Application procedures
			For first-time borrowers
			All PLUS borrowers
	Summer Loans

General Eligibility Requirements To be eligible for the loan programs listed below, a graduate student must:
	Be a U.S. Citizen or eligible non-citizen

	Have a valid Social Security Number

	Not be in default of a loan and/or owe a refund

	Must be enrolled at least half-time and make satisfactory progress toward a degree or certificate in an eligible program

	If required, the student must also be registered with the Selective Service.
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APPLICATION PROCEDURES
First-time and repeat borrowers: In order to be considered for any federal loan programs, a student must complete a Free Application for Federal Student Aid (FAFSA).

First-time borrowers
	Must also complete Entrance Counseling with the Office of Student Account Services.

	If awarded Federal Direct Subsidized/Unsubsidized Stafford loans, you must submit a signed Master Promissory Note (MPN) for the appropriate loan

	For the campus-based Federal Perkins and Nursing Loan programs, students are required to sign a promissory note (PM), otherwise the loans will not be disbursed. Students awarded a Federal Perkins Loan will receive an e-mail notification every year before classes begin. Students may sign their Perkins electronically.

	Additional information can be obtained at the Office of Student Account Services located in room 158 of the Ashe Building.

All PLUS Borrowers
	A Federal Graduate PLUS is a loan in the graduate student's name enrolled at least half time in a degree seeking program. The Graduate PLUS Loan is a non-need based loan with the benefit of having a fixed interest rate. The borrower should apply for the Subsidized and Unsubsidized Stafford Loan before applying for a Graduate PLUS Loan. A credit check is required.

	If you would like to request a PLUS loan, complete a Master Promissory Note and submit a PLUS Information Form for Graduate Students.
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SUMMER LOANS
To be eligible for loans for the summer sessions, students must be enrolled at least half-time. An undergraduate student needs to be enrolled during Summer I and/or Summer II with a minimum of 6 credits and a graduate student needs at least 2 credits.

To apply, students must:
	1.	File a 2010-2011 FAFSA
	2.	Have a completed Federal Direct Master Promissory Note(s)
	3.	Have completed Entrance Counseling

After these steps are completed, please complete and submit an online request form to the Office of Financial Assistance.
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