Degree-seeking graduate students are eligible to apply for Federal Stafford Student Loan funds. Graduate students may borrow up to $8,500 per academic year in a Federal Subsidized Stafford Loan and up to $12,000 in a Federal Unsubsidized Stafford Loan for a total of $20,500 per year. The aggregate maximum borrowing limit for graduate students is $138,500 of which no more than $65,500 can be subsidized.
Students must be enrolled at least half-time each semester in order to borrow Stafford loan funds for that semester. Half-time is defined as four to six credit hours and full-time is defined as seven or more credit hours per semester.
Applicants must apply for need-based financial aid using the Free Application for Federal Student Aid (FAFSA). The Office of Financial Aid will then determine the amount of a loan that the student may qualify for and certify the student's loan according to the amounts accepted on the student's Financial Aid Award Notice.