Federal Direct Stafford Loan - Graduates

The Federal Direct Stafford Loan is either subsidized or unsubsidized depending primarily on the student's demonstrated need. Demonstrated need is the student's cost of attendance minus the expected family contribution, which is calculated from the information submitted on the Free Application for Federal Student Aid (FAFSA), minus other aid. The subsidized Federal Direct Stafford Loan is awarded to students with demonstrated need and the federal government pays the interest while the student is in school, during the grace period, and during periods of deferment. The unsubsidized Federal Direct Stafford Loan is awarded to students without demonstrated need and the student borrower pays the interest while in school and during the grace period; however, the student may defer the interest payment until the end of the grace period. Students may receive a combination of both loans depending on their eligibility of need versus no-need. Graduate students are eligible to borrow additional amounts of unsubsidized Federal Direct Stafford Loan despite their demonstrated need.

• Graduate students may borrow up to $20,500 per year (not to exceed $8,500 in subsidized).
• The maximum that all graduates may borrow for all years is $138,500 (not to exceed ($65,500 in subsidized)
• Graduate Unclassified Students (if eligible) may borrow up to $10,500 (not to exceed $5,500 in subsidized).
• The maximum an eligible Graduate Unclassified may borrow for all years is $46,000 (Not to exceed $23,000 ub subsidized).

* Students may never borrow more than the prescribed federal loan calculation. For more information click here forr Federal Family Direct Student Program Requirements