Financial Aid Programs

Loans

The federal government sponsors various loans available to students. Listed below are the current loan types.

Subsidized Federal Stafford Loans

Eligibility is based on student’s financial need as determined by the FAFSA. Annually graduate students may borrow up to $8,500 at the graduate level. Funds are available through a local bank or credit union and repayment begins six months after graduation or cessation of enrollment.

Unsubsidized Federal Stafford Loans

This program is available to students who do not qualify for Subsidized Federal Stafford Loans. The primary difference between the Subsidized Federal Stafford Loan is that the loan interest must be paid while the student is enrolled. Payment on the principle is deferred until graduation or cessation of at least half-time enrollment. Annually graduate students may borrow up to $8,500 at the graduate level. An additional $10,000 is available to graduate students who qualify.

Federal College Work Study

This program offers on-campus or off-campus community service work programs that are partially funded by the federal government. Awards are made based on student’s financial need as determined by the FAFSA. Work-study jobs are coordinated through the Office of Financial Aid Services.

Part-time Employment

This on-campus work program is fully funded through the University. Financial need is not a requirement, but job availability is limited. These jobs are also coordinated through the Office of Financial Aid Services.