Navigating the borrowing process
Loans are a reality for most graduate and professional students, and we will help you navigate the borrowing process from application to repayment. We encourage you to be a responsible consumer and to borrow only what is necessary. We urge you to seek advice from our Student Financial Services team whenever needed.
Please keep in mind that with loans, lenders often deduct loan fees before monies are disbursed, which can impact the amount you need to borrow. You should calculate loan fees prior to finalizing loan requests. Please see for more information.
Repaying Your Loans
Be sure you're in touch with your at all times throughout your years of borrowing. It is even wise to pay interest while you're in school, if at all possible, on any loans that are accruing interest (i.e. every loan EXCEPT the Direct Subsidized Loan). Once you're ready to leave school, we recommend using the to determine which is the best loan repayment option for you. Note: You may switch plans as your income situation changes. Just realize this — the longer you take to repay your loans, the more they will cost you.
Federal Direct Loans
The U.S. Department of Education offers low-interest loans to eligible students to help cover the cost of graduate and professional degrees. These loans are available to cover your Cost of Attendance, which includes your direct costs (those that are billed to you) and may also include your indirect costs, such as living expenses and other education-related materials.
To apply for Federal Direct Loans you must and sign a . For all Federal Loans, you will also need to complete Exit Loan Counseling when you are no longer enrolled at least half-time. Both Entrance and Exit Counseling provide information about terms of borrowing, inter