Student Financial Services

 
 

Types of Student Loans

Various types of student loans to help you complete your education.

In addition to scholarships and grants, students may be eligible for federal student loans. Counseling is available to help all borrowers understand the costs and obligations that come with borrowing a Federal Direct Loan, Federal GRAD PLUS OR Federal PLUS Loan, and to assist you in making careful decisions about taking on student loan debt.  For information please visit studentloans.gov/myDirectLoan/index.action

Expand the sections below to access specific criteria for eligibility, application process, loan amounts, special provisions and notification schedule.

Note about non-degree, certificate programs: Please consult with the Office of Student Financial Services about aid eligibility for non-degree, certificate programs as aid eligibility may differ from what is available to students enrolled in programs leading to a degree.

2017-2018 Federal Direct Loan Interest Rates

New Interest rates for loans first disbursed between July 1, 2017 and July 1, 2018:

Loan Type Borrower Type Fixed Interest Rate
Federal Direct Subsidized Loans Undergraduate Students 4.45%
Federal Direct Unsubsidized Loans Undergraduate Students 4.45%
Federal Direct Unsubsidized Loans Graduate/Professional Students 6.00%
Federal Direct PLUS Loans Parents of Dependent Undergraduate Students and Graduate/Professional Students 7.00%

All information is current as of June 20, 2017; interest rates and loan fees could be subject to changes implemented by the United States Congress.

Origination fees starting October 1, 2017 will be 1.066% (down from 1.069%) for Federal Direct Subsidized Loans and Federal Direct Unsubsidized Loans.

Federal Direct PLUS Loans(Parents & Graduate students) 4.264% (down from 4.276%).

The following loan provisions apply to the 2017-2018 academic year.

» Visit the Frequently Asked Questions section for more information about student loans.

 
The information contained on this site is subject to change without notice.

For further information, please contact:

Office of Student Financial Services
Levermore Hall, Lower Level
p – 516.877.3080
p – ext. 2240 (on campus only)
f – 516.877.3380
e – financialservices@adelphi.edu

» View office hours

 
 
Apply Now
Request Information