| Type of aid: |
Federal loan that must be repaid. Interest is charged at a fixed rate of 7.9%. |
| Award amounts: |
Students may borrow up to the full Cost of Attendance minus all other aid |
| Application process: |
Must have completed a Direct PLUS Loan Request and credit check,
Graduate PLUS Master Promissory Note, Entrance Counseling session for
graduate or professional students, valid year-appropriate FAFSA, and
all associated paperwork to complete your financial aid file. |
| Eligibility requirements: |
Must be a graduate student. The borrower must be determined credit-worthy by the lender, and the loan amount must fit within the estimated Cost of Attendance minus other aid. |
| Repayment: |
Repayment begins following the second disbursement |
| Renewal requirements: |
All application items, except for
the Entrance Counseling session and Graduate PLUS Master Promissory
Note, must be completed annually. |
| EFC eligibility requirements: |
All |
| Enrollment requirements: |
Half-time or more enrollment is required to obtain these funds |
| Grade-level eligibility: |
All graduate degree programs |
| Costs this aid can cover: |
Any education related expense |