We strongly recommend that all U.S. citizens and permanent residents of the U.S. apply for federal student loans first before pursuing any other loan option. Students must be enrolled at least half-time to qualify for federal student loans.
Follow the instructions for applying for financial aid.
Please read our Loan Policy Statement (pdf).
Federal Direct Loan Program
- The Federal Direct Loan is the most widely available student loan for U.S. citizens and permanent residents of the U.S
- Students are eligible to borrow up to $20,500 per year through the Federal Direct Loan Program
- Students must remain enrolled at least half-time, in 6 or more credits (Note: Blended Learning students enrolled in the standard number of credits for their cohorts are considered to be enrolled half time, and CAM and MSF students enrolled in 4.5 or more credits are considered to be enrolled half time.)
- You can find details about interest rates and federal loan fees here.
- The Standard Repayment term extends up to 10 years, with deferments available during unemployment, economic hardship, or continued education
- Interest begins accruing at the time of the loan disbursement. Students can elect to pay the interest while in school or have it capitalized into a repayment schedule that starts six months after you leave school
- Borrowers are required to sign a Master Promissory Note and to complete entrance and exit loan counseling
- Loan funds are issued in two disbursements each year, typically timed to coincide with the start of each semester. Students are notified via e-mail each time Federal Direct Loan funds are credited to their account
Federal Direct Graduate PLUS Loan Program
For graduate students who wish to borrow through the Federal Direct Graduate PLUS Loan, please complete the application, Master Promissory Note, and entrance counseling
Students must remain enrolled at least half-time, in 6 or more credits (Note: Blended Learning students enrolled in the standard number of credits for their cohorts are considered to be enrolled half time, and CAM and MSF students enrolled in 4.5 or more credits are considered to be enrolled half time.)
You can find details about interest rates and federal loan fees for the Graduate PLUS loan here.
Students can request to borrow up to their full cost of attendance, less any financial aid awarded.
For students who need financing beyond what is available through the federal student loan programs, we offer a list of recommended loans and lenders:
Graduate Student Alternative Loan Options
A co-signer with a strong credit history will increase your chances of being approved for an alternative/supplemental loan.
We use the following criteria in developing our list of recommended loans and lenders:
Loan terms and cost to borrower
Differentiated options (fixed rate versus variable rate loans, for-profit versus nonprofit organizations, regional versus national lenders)