In order to receive financial aid, graduate students must be degree-seeking and enrolled at least half-time (5 credit hours).
If you choose to submit the FAFSA (available starting October 1), you may qualify for:
- Limited funds are available to graduate students, so complete your FAFSA as early as possible to maximize the possibility of receiving grants.
Federal Direct Unsubsidized Loan
- 6.54% Fixed Interest Rate for the 2022-2023 academic year
- Borrowing limit of $20,500 per year
Federal Direct PLUS Loan for Graduate Students
- 7.54% Fixed Interest Rate for the 2022-2023 academic year
- Available for graduate students who have exhausted their Federal Direct Unsubsidized Loan
- Borrower is subject to a credit check prior to approval
Private Education Loans
- Offered through private banks and lenders
- Some private lenders allow less than half-time enrollment
- This is a last-resort option
- Private Loan Counseling is required with the Office of Financial Aid & Scholarships
Remember that you will be charged interest on your loans as soon as you receive them. You will be responsible for paying back the amount of your loan plus any interest that has accrued.