Cost of Attendance

Federal Direct Student loans are a financial obligation that must be repaid. Students should pay careful attention to the amount they borrow and do not borrow more than they can repay after graduating or leaving school.  To be considered for loans students must complete the FAFSA application. Students can be awarded a Direct Subsidized or Unsubsidized loan depending on the student’s demonstrated need and cost of attendance.

Federal Subsidized Loans are based on financial need as well as annual and aggregate loan limits. Interest on this loan does not accrue during eligible enrollment periods. Interest accrual will begin during the designated grace period and repayment begins six months after graduation or when a student is no longer enrolled at least half time (6 credit hours).

Federal Unsubsidized Loans are based on annual and aggregate limits and are not need based. Interest on the loan begins to accrue upon the first disbursement. Repayment begins six months after graduation or when the student is no longer enrolled half time (6 credit hours).