|
Type of aid: |
Loan – must
be repaid |
|
Interest
charged: |
8.5% fixed,
effective July 1st 2006 |
|
Award
amounts: |
Cost of
Attendance minus all other aid |
|
Enrollment
required: |
Half time
(5 graduate credit hours) minimum
|
|
Grace
Period: |
None,
repayment begins within 60 days of disbursement
|
|
Academic
level: |
Graduate or
professional degree seeking students
|
|
Payment
process: |
Paid to
your school account if sent by Electronic Funds Transfer by
your bank. If sent as a paper check, you must endorse the
payment at the Office of the Controller
|
|
Costs it can
cover: |
Any
educational expenses
|
|
Paperwork
required: |
FAFSA and
documents requested to complete your aid file
Grad PLUS
Application Form (for school initiated process)
|
|
Special
rules:
|
Must apply
for annual loan maximum for subsidized and unsubsidized
Stafford loans
|
