Educational Loans

Choose Your Aid Year

July 2016 - July 2017

Loans Who May receive this loan? Current Interest Rate? The government pays your interest? Loan Fees? When do I begin repayment?
Direct Subsidized Loans Undergraduate students with financial need. 3.76% While you are enrolled at least half-time and during the grace period. 1.069% 6 months after you graduate or drop below half-time enrollment.
Direct Unsubsidized Loans Undergraduate students and graduate students. Undergraduates: 3.76%
Graduates: 5.31%
You pay all interest during all periods. 1.069% 6 motnhs after you graduate after you graduate or drop below half-time enrollment.
Direct PLUS Loans Graduate students and parents of dependent undergraduate students. 6.31% You pay all interest during all periods. 4.276% PLUS loans enter repayment when they are fully disbursed
Private Loans Students may use private, credit-based loans if they have exhausted their federal loan eligibility. Contact the Financial Aid Office to Determine Your private student loan eligibility.

July 2017 - July 2018

Loans Who May receive this loan? Current Interest Rate? The government pays your interest? Loan Fees? When do I begin repayment?
Direct Subsidized Loans Undergraduate students with financial need. TBD While you are enrolled at least half-time and during the grace period. TBD 6 months after you graduate or drop below half-time enrollment.
Direct Unsubsidized Loans Undergraduate students and graduate students. TBD You pay all interest during all periods. TBD 6 months after you graduate or drop below half-time enrollment.
Direct PLUS Loans Graduate students and parents of dependent undergraduate students. TBD You pay all interest during all periods. TBD PLUS loans enter repayment when they are fully disbursed
Private Loans Students may use private, credit-based loans if they have exhausted their federal loan eligibility. Contact the Financial Aid Office to Determine Your private student loan eligibility.