Federal Loans

Direct Loans

Students may receive unsubsidized Direct loans, depending on need and eligibility, to meet educational costs at the University.

Eligibility for an unsubsidized Direct Loan is based on the cost of attendance. Eligibility is calculated as follows:

Cost of attendance - estimated financial assistance = student’s eligibility for unsubsidized Direct loan

Based on the student’s grade level, they may borrow up to the annual maximum loan amounts available.

A graduate student’s academic year must be a minimum of 18 credits and 30 instructional weeks. Graduate loan awards are not prorated for less than an Award Year.

Note that an unsubsidized Direct loan can be used to offset all or part of the EFC.