After filing your Free Application for Federal Student Aid you may be presented with options for student loans from the government or you may consider taking out an alternative loan from a private lender. We encourage you to think carefully about your educational investment as well as your long-term financial commitments when borrowing.
All eligibility criteria including submission of required documents and acceptance into an eligible program of study must be met by the required deadlines. Please consult with the Office of Student Financial Services about aid eligibility for nondegree certificate programs, as aid eligibility may differ from our degree offerings.
2016-2017 Direct Loan Interest Rates
New Interest rates for loans first disbursed between July 1, 2016 and July 1, 2017:
|Loan Type||Borrower Type||Fixed Interest Rate|
|Direct Subsidized Loans||Undergraduate Students||3.76%|
|Direct Unsubsidized Loans||Undergraduate Students||3.76%|
|Direct Unsubsidized Loans||Graduate/Professional Students||5.31%|
|Direct PLUS Loans||Parents of Dependent Undergraduate Students and Graduate/Professional Students||6.31%|
All interest rates are fixed throughout the life of the loan.
Learn about loans available to undergraduates, parents and graduate students.
The University’s Code of Conduct for loans.
These steps are required for certain loans. Make sure you follow the guidelines to secure your loan funds.