Students seeking tuition assistance have a number of available loan options. Educational Loans may be borrowed to assist in paying for tuition, books and/or living expenses. A student may borrow up to the cost of attendance minus any other financial aid (scholarships/grants) they received during the academic year. The federal government offers both subsidized and unsubsidized loans through the William D. Ford Federal Direct Loan Programs. If you meet the criteria below, you should be eligible to borrow a Federal Direct Subsidized/Unsubsidized Loan. If you are in a graduate program (JD, LLM, or MJ) and require additional funding after receiving other aid, consider a GradPLUS Loan.
In order to borrow through the Federal Direct Loan Programs a student must file a FAFSA (Free Application for Federal Student Aid) at https://fafsa.gov and be:
- U.S. Citizen or Eligible Non-Citizen
- Enrolled at least half-time in an eligible approved program
- be registered with Selective Service, if required;
- not be in default on a federal student loan;
- not have a federal or state drug conviction; and
- attain satisfactory academic progress by the end of each academic year
In addition, a student may not have previously borrowed over the maximum aggregate loan limit as an undergraduate or graduate student. Students who do not meet this criteria, including International Students may want to consider borrowing from a lender that offers private educational loans.
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