Financial Aid

Educational Loans

Choose Your Aid Year

 

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. 1.066% 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. 1.066% 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. 7% You pay all interest during all periods. 4.264% 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 2018 - July 2019

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. 1.066% 6 months after you graduate or drop below half-time enrollment.
Direct Unsubsidized Loans Undergraduate students and graduate students. Undergraduates: TBD
Graduates: TBD
You pay all interest during all periods. 1.066% 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. 4.264% 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.


 
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