Federal Student Loan Programs for Graduate and Professional Students
Subsidized Stafford Student Loan Program (formerly G.S.L.)
In order to qualify for this program, you must demonstrate financial need; be enrolled or accepted for enrollment on at least a half-time basis; and be a citizen or permanent resident of the United States . You will be required to show satisfactory academic progress.
Through this program you may borrow up to $8,500 per academic year from a bank, a savings and loan association, or other lenders who participate in the program. The loan will have a fixed interest rate of 6.8%. Repayment begins six months after you graduate or drop below half-time status.
Unsubsidized Stafford Student Loan Program
Under the Unsubsidized Stafford Student Loan Program, you do not have to demonstrate financial need to borrow funds. You will need to be enrolled or accepted for enrollment on at least a half-time basis, and be a citizen or permanent resident of the United States.
The interest for this loan is NOT subsidized by the federal government while you are in attendance. Consequently, you will have to make interest payments or allow the bank to capitalize the interest accrued during the period of enrollment.
You may borrow up to $18,500 minus any approved Subsidized Stafford amount. The loan will have a fixed interest rate of 6.8%.
Please Note: You must apply for loans. Receipt of a financial award letter indicating eligibility for a loan does not constitute application. Further information and applications for loans are available from the Office of Financial Aid. You can reach the Office at firstname.lastname@example.org or by calling (305) 899-3673 or 1-800-695-2279.