As a graduate student, you may borrow up to $20,500 in Federal Direct Loans each year.  Up to $8,500 may be subsidized; the balance, unsubsidized.   The FAFSA and your cost of education will determine how much you can borrow and how much may be subsidized/unsubsidized. 

Your enrollment level also plays a role in your loan eligibility, but you must be enrolled at least half-time.  Several of Findlay's graduate programs are offered via the semester calendar; others, the trimester/weekend calendar.  Half-time enrollment for the former requires at least six (6) hours of credit in a term.  Half-time for the latter requires at least four and one-half (4.5) hours of credit in a term.

Please note that graduate students may now be eligible for Federal Direct Graduate PLUS loans.  To access information and the application for the Direct Grad PLUS Loan, please click the link immediately below.

                                  

 

You may wish to consider one of the alternative loans that are available to graduate students in lieu of the Direct GradPLUS Loan.  As the borrower, you must initiate the loan, which must subsequently be certified by the aid office.  Generally, you must be creditworthy, and a cosigner must be creditworthy as well.  While you may be able to borrow without a cosigner, having a cosigner may reduce the fees and/or the interest rate on the loan. 

A careful review of interest rates and their trends may be of value as you decide whether the Direct Grad PLUS or the alternative loan is the right choice for you.  Please use the following link to explore some private loan options, but understand that you may use another lender as well.