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Loans - graduate programs
Listed below are loans, terms and conditions, and other information. This
list does not contain full information about the loans, so additional
information should be obtained from the Financial
Aid Office before making a loan decision.
Entrance Counseling and the
Master Promissory Note are requirements
for all Federal Stafford Loans.
| Loan |
Who |
Priority |
Limit |
Interest Rate |
Deadline |
Repayment |
| Federal Perkins |
at least half-time degree-seeking student |
financial need |
$30,000 |
5% |
first-come |
begins 9 mo. after you graduate, leave school, or drop below half-time status |
| Federal Stafford |
any student |
financial need |
$8,500/yr
$65,500/total |
variable, not to exceed 8.25% |
NA |
begins 6 mo. after you graduate, leave school, or drop below half-time status |
Unsubsidized Federal Stafford |
any student |
NA |
same as Federal Stafford but additional yearly amounts available for independent students
| variable, not to exceed 8.25% |
NA |
you pay interest during in-school and deferment periods, otherwise same as Federal Stafford
| *GradEXCEL Education |
graduate students |
NA |
$2,000-7,500/yr or up to $20,000/yr with a coborrower |
different options available |
NA |
different repayment options available over 4-20 years |
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*For GradEXCEL information or application, call Nellie Mae at
1-800-634-9308 or (617) 849-3447, or write to Nellie Mae, GradEXCEL
Department, 50 Braintree Hill Park, Suite 300, Braintree, MA 02184.
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