Federal Direct Stafford Loan
The Federal Direct Stafford Loan is a federally guaranteed student loan administered by the University. Students are responsible for the interest on an Unsubsidized Direct Loan for the life of the loan. Repayment of principal begins six months after the student graduates, withdraws or drops below half-time status.
Annual Direct Stafford Loan Limits |
||
Grade Level | Dependent | Independent |
Graduate Students | $20,500 |
This loan limit cannot exceed your cost of attendance minus other financial aid. To apply, please complete the Free Application for Federal Student Aid (FAFSA).
All new borrowers are required to complete a MPN (Master Promissory Note) and Entrance Counseling online.
Direct Loan Deferments for Volunteer Services
If you have volunteered in either the Peace Corps or Action Programs, you may be eligible for a deferment of your federal direct student loan(s). For more information or to download a deferment request form go to the Federal Student Aid Website.