These grants are based are based on financial need and are for undergraduates. Grants range from $740 to $7,395 per year depending on EFC (Estimated Family Contribution) or SAI (Student Aid Index) as determined by the Federal Government through the completion of the Free Application for Federal Student Aid (FAFSA).
Awarded to undergraduate students with high financial need. Priority is given to Federal PELL grants recipients. Award ranges can vary between $100 to $1,000 per year at 黑料正能量. Eligibility is based on FAFSA.
You are eligible for a subsidized Stafford Loan if you are in school at least half time and have financial need. With a subsidized Stafford Loan, the Federal government will pay the interest while you are enrolled at least half time. A 1.057% origination fee is deducted from the value of the student loan prior to disbursement. This origination fee will remain the same at 1.057% for loans where the first disbursement is made on or after October 1, 2024 and before October 1, 2025.
Repayment begins six months after the student graduates, leaves the university, or ceases to be enrolled at least half time. Effective for loans disbursed on or after July 1, 2024 and prior to July 1, 2025 the interest rate is fixed at 6.53% for undergraduate students for the 2024-2025 academic year. The FAFSA application is required to determine loan eligibility.
Unsubsidized Stafford Loans for undergraduate students who do not have financial need. With an unsubsidized Stafford Loan, the borrower is required to pay interest while in school. Effective for loans disbursed on or after July 1, 2024 and prior to July 1, 2025 the interest rate is fixed at 6.53% for undergraduate students. A 1.057% origination fee is deducted from the value of the student loan prior to disbursement. This origination fee will remain the same at 1.057% for loans where the first disbursement is made on or after October 1, 2024 and before October 1, 2025.
Unsubsidized Stafford Loans for graduate students. With an unsubsidized Stafford Loan, the borrower is required to pay interest while in school. Effective for loans disbursed on or after July 1, 2024 and prior to July 1, 2025 the interest rate is fixed at 8.08% for graduate students. A 1.057% origination fee is deducted from the value of the student loan prior to disbursement. This origination fee will remain the same at 1.057% for loans where the first disbursement is made on or after October 1, 2024 and before October 1, 2025.
Annual Loan Limits - Direct Stafford Loans
Dependent Students
| Level of Study | Base Amount |
Additional Unsubsidized Loan |
Total |
|---|---|---|---|
| First Year | $3,500 | $2,000 | $5,500 |
| Sophomore | $4,500 | $2,000 | $6,500 |
| Junior or Senior | $5,500 | $2,000 | $7,500 |
Independent Students
| Level of Study | Base Amount |
Additional Unsubsidized Loan |
Total |
|---|---|---|---|
| First Year | $3,500 | $6,000 | $9,500 |
| Sophomore | $4,500 | $6,000 | $10,500 |
| Junior or Senior | $5,500 | $7,000 | $12,500 |
| Graduate Students | N/A | $20,500 | $20,500 |
This is a Unsubsidized Federal Loan that allows parents to borrow on behalf of their dependent undergraduate children who are enrolled at least half time. Borrowers are responsible for the interest that accrues on a PLUS loan and repayment begins usually sixty days after the funds are disbursed. Effective for loans disbursed on or after July 1, 2024 and prior to July 1, 2025 the interest rate for the 2024-2025 academic year is fixed at 9.08%. A 4.228% origination fee is deducted from the value of the loan prior to disbursement. This origination fee will remain the same at 4.228% for loans where the first disbursement is made on or after October 1, 2024 and before October 1, 2025.
This is a Unsubsidized Federal Loan that allows graduate students to borrow on his or her own behalf up to the cost of attendance minus other financial aid. Note: Parents are not eligible to borrow Federal PLUS Loans for graduate and professional students. Effective for loans disbursed on or after July 1, 2024 and prior to July 1, 2025 the interest rate for the 2024-2025 academic year is fixed at 9.08%. A 4.228% origination fee is deducted from the value of the loan prior to disbursement. This origination fee will remain the same at 4.228% for loans where the first disbursement is made on or after October 1, 2024 and before October 1, 2025.
This is a federally funded work program based on financial need. Students typically work 10 hours per week during the academic year and receive a bi-weekly paycheck. Participants in the Federal Work Study program are primarily employed on campus, however there are occasions where students work off-campus in community service positions. Students are paid the minimum hourly wage. Students who are eligible for federal work study will have an opportunity to apply for jobs posted on the 黑料正能量 Employee Engagement Student Employment website. An award of Federal Work Study does not guarantee job placement.