Financial Aid

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 months 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. 4.45% 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. Undergraduates: 4.45%
Graduates: 6%
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. 7% 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.


 
Feedback