Stafford Loan Programs

Graduate Students

Subsidized vs. Unsubsidized Loans

Subsidized loans do not accrue interest while you are in school (or otherwise have a deferment - authorized break from payments). Per federal regulations, graduate/professional students are not eligible for subsidized loans. Instead, graduate/professional students are only eligible for Unsubsidized loans which do accrue interest while in school.

Please note that per federal regulations you must be enrolled at least half-time (3 credits) per term in order for your Federal Stafford Loan to disburse. If you fail to maintain at least half-time enrollment your loan disbursement(s) will be canceled.

Borrowing Limits

The aggregate limit for graduate/professional students is $138,500 (up to $65,500 may be subsidized from undergraduate borrowing).


If you have consolidated your federal student loans or intend to consolidate after graduation, your subsidized loans will not be affected. Even though you pay via a single check or electronic payment, your unsubsidized and subsidized loans are separated in consolidation in case of future deferments.

Interest Rates & Fees for the 2018-2019 Academic Year


 Fixed Interest Rate
Origination Fees
Subsidized Stafford Loan
Unsubsidized Graduate Stafford Loan
1.066% prior to 10/1/18; 1.062% on or after 10/1/18
Applying for a Federal Direct Stafford Loan 
For first time borrowers, there are 3 steps to applying for the Federal Direct Stafford Loan which will take approximately 25-30 minutes. Repeat borrowers who have already completed a Federal Direct Master Promissory Note (MPN) and Entrance Loan Counseling for previous years must complete Step 3.

Before you begin: You will need your FSA ID and the name, address and phone numbers of two adult references (living in the U.S.) with different addresses.

Attention MAC users, you must use Internet Explorer or Firefox as your browser in order to complete your Master Promissory Note and Loan Entrance Counseling. Safari is not compatible with the Department of Education's website.
If you would prefer to work with another lender or as a transfer student have borrowed in the past and would like to continue working with that lender, please contact our office for further instruction.
STEP 2: Complete the Federal Direct Stafford Loan Entrance Counseling
This counseling is a federal requirement and will inform you of your rights and responsibilities as a borrower under the Federal Stafford Loan program.

Complete the 18-19 Stafford Loan Certification and submit it to the Office of Student Financial Assistance to finalize the loan process.