Loans
Federal Perkins Loan
Federal Nursing Loan
Federal Direct Subsidized Stafford Loan
Federal Direct Unsubsidized Stafford Loan - (Dependent Students)
Federal Direct Unsubsidized Stafford Loan - (Independent Students)
Federal Direct Parent PLUS Loan
FAFSA Required? |
Yes |
Need-Based? |
Yes |
Range of Awards |
Varies |
Interest Rate |
5% |
Repayment Begins |
9 months after graduation/ separation or below half-time enrollment. |
Aggregate limits |
$27,500 |
FAFSA Required? |
Yes |
Need-Based? |
Yes |
Range of Awards |
Varies |
Interest Rate |
5% |
Repayment Begins |
9 months after graduation/ separation or below half-time enrollment. |
Aggregate limits |
$13,000 |
FAFSA Required? |
Yes |
Need-Based? |
Yes |
Range of Awards |
Freshmen: $3,500 Sophomores: $4,500 Juniors and Seniors: $5,500 |
Interest Rate |
Currently 3.4%. Effective July 1, 2012 it will be 6.8% |
Repayment Begins |
|
Aggregate limits |
$23,000 |
Additional Information |
Beginning July 1, 2012 the up-front rebate will be eliminated. As a result, the origination fee will increase from 0.5% to 1%. |
FAFSA Required? |
Yes |
Need-Based? |
No |
Range of Awards |
All Grade Levels: $2,000 Freshmen: $3,500 Sophomores: $4,500 Juniors and Seniors: $5,500 |
Interest Rate |
Fixed rate of 6.8% |
Repayment Begins |
6 months after graduation or below half-time enrollment. |
Aggregate limits |
$31,000 combined Dependent total for Subsidized and Unsubsidized |
Additional Information |
Beginning July 1, 2012 the up-front rebate will be eliminated. As a result, the origination fee will increase from 0.5% to 1%. |
FAFSA Required? |
Yes |
Need-Based? |
No |
Range of Awards |
All Grade Levels: $2,000 Freshmen and Sophomores: $4,000 Juniors and Seniors: $5,000 |
Interest Rate |
Fixed rate of 6.8% |
Repayment Begins |
6 months after graduation or below half-time enrollment. |
Aggregate limits |
$57,500 combined Independent total for Subsidized and Unsubsidized |
Additional Information |
Beginning July 1, 2012 the up-front rebate will be eliminated. As a result, the origination fee will increase from 0.5% to 1%. |
FAFSA Required? |
Yes, effective Fall 2011 |
Need-Based? |
No |
Range of Awards |
Eligible parents can borrow up to the total annual cost of attendance less other financial assistance. |
Interest Rate |
Fixed rate of 7.9% |
Repayment Begins |
60 days after the loan is fully disbursed. |
Aggregate limits |
None |
Additional Information |
Beginning July 1, 2012 the up-front rebate will be eliminated. As a result, the origination fee will increase from 2.5% to 4.0%. |
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