Several types of loans are available to cover college expenses—both federal and non-federal. Students and/or parents of dependent students may borrow up to the full amount of their Estimated Cost of Attendance (COA)/budget each academic year.Borrowers must complete every step needed for their loans to be disbursed, including the Master Promissory Note and special "First Time Borrower Requirements" such as Entrance Counseling.
Important Note To Graduate Students:
This spring legislation was passed that eliminated the Subsidized Stafford Loan for graduate students. As of the 2012-13 academic year, graduate students will be eligible for $20,500 in the UNSUBSIDIZED Stafford Loan only.