| Annual Loan Limits | Dependent Undergraduate Students | Independent Undergraduate Students (and dependent students whose parents are denied a Parent PLUS Loan) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| First Year |
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| Second Year |
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| Third Year & Beyond |
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The actual loan amount you are eligible to receive each academic year may be less than the annual loan limit. Speak with an officer for individual borrowing eligibility.
- Interest Rate = 5.045% for loans disbursed after July 1, 2018.
- Origination Fee for loans disbursing prior to October 1, 2018 is 1.066% Calculate Fee
- Students can estimate post-graduation monthly loan repayment using the Repayment Estimator
How to Apply:
The last day to submit a 2017-18 Federal Loan request was May 9, 2018.
- Complete the 2018-2019 FAFSA Application
- Complete Federal Direct Loan Entrance Counseling and Master Promissory Note
- Each of these items are valid for 10 years after completion and you should not have to complete them again for any new loan request.
- Complete a Federal Direct Loan application:
- Summer/Fall/Spring Apply Now
Summer loans will be processed on a rolling basis. If you have applied for institutional financial aid, we will process your loan after you have received a financial aid eligibility letter.