Sources of Financial Aid

Federal Direct Loan – Students may borrow up to $20,500 in Unsubsidized Federal Direct Loans as graduate students. Repayment begins six months after students graduate or drop below half-time status. Recipients will have up to 10 years to repay the loan. Federal Direct Stafford Loans are currently at a “variable-fixed” rate based on the 10-year Treasury bill plus a percentage add-on of 3.6. The index rate was set off of the May 9th Treasury note, so loans with a 1st disbursement on or after July 1, 2018 would be 6.60% percent (capped at 9.5 percent).