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Private Loan Schedules & Disbursements
Once you have completed the Private Loan Acknowledgement Form, the Financial Aid Office will schedule the loan and amounts according to the time frames indicated on the form. Funds will then disburse dur...
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Cost of Attendance and Private Loans
Much like regular federal loans, the amount of private loans that can be awarded in a given academic year will be determined by a Cost of Attendance (COA) calculation. Cost of attendance is calculated by ...
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When Can I use a Private Loan?
Private loans are recommended for students who have exhausted all other Federal Financial Aid options (or are unable to use Federal Financial Aid) and have tuition charges left to cover. For example, a private l...
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Grad PLUS Loans
Graduate PLUS Loans are credit-based loans provided through the Department of Education for students in Graduate (master or doctorate level) programs. Because the Grad PLUS loan has a higher interest rate than the regular Fe...
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Parent PLUS Loans
Parents of dependent students (ages 24 and younger) can apply for a Parent PLUS loan to help cover related costs for their child’s education. You must have a valid FAFSA Application on file indicating you are a dependent ...
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Loan Schedules and Disbursements
Financial Aid is packaged based on award years. Each award year consists of two trimesters. Within an award year, your Financial Aid will be divided into 4 separate disbursements. Financial aid is disbursed ...
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Annual & Aggregate Loan Limits
Both undergraduate and graduate students are limited to the amount of loans that can be borrowed each academic year and over the course of an entire program/lifetime. Undergraduate students are entitled to borro...
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Annual & Aggregate Pell Limits
The Department of Education limits the amount of Pell grants you are awarded each FAFSA year (July 1st-June 30th) and over the course of a lifetime.
Each year, the FAFSA application will determine if you a...
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Crossover Pell Grant
To understand a Pell Crossover, you must first understand a few Financial Aid Basics:
What is a Pell Grant?
The Federal Pell Grant Program provides need-based grants to undergraduate students who have not yet ...
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Pell Grant Schedules & Disbursements
The Pell grant is awarded as a dollar amount to be used for the award year (2 trimesters). Pell is designed to pay for 2 trimesters of full time attendance. As of July 1, 2017, the Department of Educ...