A quick overview of federal loan options.
For more detailed information, please click here to link to the Federal Student Aid site.
Federal Direct Unsubsidized Loan
Awards are available to graduate students enrolled at least half-time in a degree-seeking
program. Additional eligibility requirements apply.
Interest rate: 4.3% fixed (on loans disbursed after 7/1/20)
Annual award, or two-term award, depending on program of study: up to $20,500
Federal Direct Graduate PLUS Loan
Credit-based loan for graduate students enrolled at least half-time. Must have exhausted
unsubsidized loan eligibility.
Interest rate: 5.3% fixed (less origination fee, on loans disbursed after 7/1/20)
Annual award: up to Cost of Attendance (less any other aid)
Note: Federal Direct Subsidized Loan are no longer available to graduate students
after July 1, 2012.