Financial Aid is a critical component in meeting the cost of your education. The mission of the Financial Aid Office at the Brentwood Campus of Long Island University is to do everything possible to make a quality education affordable. The Brentwood Office of Financial Aid, through their professional staff, is here to assist and counsel you in securing the most financial aid possible utilizing institutional, state and federal aid.

Application Process
Financial Aid is available to an accepted Brentwood Campus student, enrolled in a degree granting program, through scholarships, grants, loans and part-time employment. The degree program must be offered in its entirety at the Brentwood Campus, and must attend classes at the Brentwood Campus. Financial Aid awards are on a funds available basis. Contact the Office of Financial Aid at (631) 273-5112 for further information.

The Free Application for Federal Student Aid (FAFSA) or the renewal FAFSA is the core application students need to complete to apply for financial aid at the Brentwood Campus. The FAFSA website is www.fafsa.gov, please complete this application on-line. Please note that the FAFSA processing code for Long Island University is 002751 and using this code will insure that all electronic information is sent to the university. All students, regardless of which campus they attend, must use this code. Regardless of your financial circumstances, all students are urged to complete the FAFSA.

A Federal Aid PIN (Personal Identification Number) is required to complete the FAFSA or renewal FAFSA, or to make a correction. It is strongly recommended that all students and at least one parent of dependent students obtain a Federal Student Aid PIN. To apply for a Federal Student Aid PIN go to www.pin.ed.gov and click "APPLY FOR PIN". Continuing students who have lost their Federal Student Aid PIN can apply for a duplicate PIN by clicking on "REQUEST A DUPLICATE PIN" on the same site.

Financial Aid Deadline Dates
In order to apply for the maximum financial aid available, we recommend continuing students complete and submit the FAFSA by March 1 annually. Entering students have a rolling deadline date and should file their FAFSA as soon as possible after receiving their admissions notification. Consideration of campus based aid requires the completion of the FAFSA and is awarded on a funds available basis.

UNDERGRADUATE SCHOLARSHIPS AND GRANTS

The Brentwood Campus of Long Island University offers a wide variety of scholarship and grant programs, the majority of which are awarded at the time of a student's admission to the University. Eligibility for part-time financial aid awards requires a minimum registration of 6 credits per semester. Eligibility for fulltime financial aid awards requires a minimum registration of 12 credits per semester. Brentwood Campus scholarships will not be awarded during Summer semesters. All students are required to complete a Free Application for Federal Student Aid (FAFSA) at www.fafsa.gov.

Brentwood Transfer Grant (for Full-Time Students)
This scholarship awards $5,000 per academic year for full-time students. A transfer student with an associate’s degree and a minimum cumulative grade point average of 2.00 from his/her associate’s degree-granting institution may be considered for this scholarship. This award is not based on financial need. A student who receives this scholarship must maintain at least a 2.00 cumulative grade point average to continue receiving the award.

Part-Time Transfer Award
Students will receive $150 per credit for part-time attendance. A transfer student with an associate’s degree and a minimum cumulative grade point average of 2.00 from his/her associate’s degree-granting institution may be considered for this scholarship. This award is not based on financial need. A student who receives this scholarship must maintain at least a 2.00 cumulative grade point average to continue receiving the award.

Academic Scholarship
This scholarship awards between $250-$2,500 per academic year (see chart below). A transfer student with an associate’s degree and a minimum GPA of 2.75 will be considered for this scholarship. The award is available to full-time and part-time students. To continue receiving the award a student must maintain a minimum 3.20 cumulative grade point average.
For Part-Time Students:
2.75-2.99 GPA $250 per academic year
3.00-3.24 GPA $500 per academic year
3.25-3.49 GPA $1,000 per academic year
3.50-4.00 GPA $1,500 per academic year
For Full-Time Students:
2.75-2.99 GPA $1,000 per academic year
3.00-3.24 GPA $1,500 per academic year
3.25-3.49 GPA $2,000 per academic year
3.50-4.00 GPA $2,500 per academic year

Transfer Excellence Award
A full-time eligible student can receive $3,000 per academic year. A part-time eligible student can receive $1,500 per academic year. A transfer student with an associate’s degree and a minimum cumulative grade point average of 3.50 from his/her associate’s degree-granting institution may be considered for this scholarship. This award is not based on financial need. A student who receives this scholarship must maintain at least a 3.50 cumulative grade point average to continue receiving the award.

Returning Adult Scholarship
Eligible full-time students will receive $1,000 per academic year. Eligible part-time students will receive $500 per academic year. A student must be at least 21 years of age to be considered for this award. He/she may attend on a full-time or part-time basis.

Phi Theta Kappa Award
A student who was a member of Phi Theta Kappa (PTK) at a previous institution may be considered for this $500 per academic year award. A candidate must submit proof of PTK membership and must enroll for at least 12 credits per semester to qualify for this scholarship. This award is not based on financial need. He/she must maintain a minimum cumulative grade point average of 3.50 to continue receiving the scholarship.

Brentwood Undergraduate Dollar Grant for Easing Tuition (BUDGET)
A full-time or part-time student with an associate’s degree may be considered for $400-$1,000 a year scholarship. A minimum cumulative grade point average of 2.00 must be maintained to continue receiving this award. The amount granted each semester will be determined based on financial need and academic achievement. This award is subject to the availability of funding.

Brentwood Undergraduate Grant (BUG)
This grant awards a student $500 per academic year. A student must enroll full-time (at least 12 credits per semester) and must maintain a minimum cumulative grade point average of 2.00 to continue receiving this award. The grant is based on financial need and is subject to the availability of funding.

Martin Luther King, Jr. Grant
The MLK Grant awards a student $500- $1,000 per academic year. To qualify for this award a candidate must demonstrate that he/she is economically disadvantaged and must have a minimum 3.00 cumulative grade point average. The amount of the grant will be determined based on financial need and is subject to the availability of funding. This award is available to full-time or part-time students.

Transfer Opportunity Program (TOP)
Participating students receive financial aid packages equivalent to full need as determined through the financial aid application process.

The Brentwood Campus offers this special program for economically disadvantaged students. The Transfer Opportunity Program (TOP) provides an excellent chance for students to attend college and to succeed academically despite financial difficulties. A student interested in applying for the Transfer Opportunity Program must be:

1. legal resident of New York State
2. economically "disadvantaged" as defined by government guidelines
3. considered to have academic potential to successfully complete a college program

To apply for the Transfer Opportunity Program, a student must submit a standard Brentwood Campus Application for Undergraduate Admission along with a cover letter requesting consideration for TOP. For further information, please call the Brentwood Campus Office of Financial Aid at (631) 273-5112.

State and Federal Assistance
In addition to the awards offered by the Brentwood Campus of Long Island University, undergraduate applicants may also be eligible for Federal and New York State financial aid. Such assistance may include Pell Grant, SEOG, William D. Ford Direct Student Loans, TAP and APTS awards. Students need to complete the FAFSA, at www.fafsa.gov, and the TAP application, a link at the end of the FAFSA application process, in order to be reviewed for eligibility. Please contact the Office of Financial Aid for further details on these types of assistance.

GRADUATE SCHOLARSHIPS AND GRANTS

The Financial Aid Office at the Brentwood Campus of Long Island University issues the following awards. There are five criteria students must meet to be considered for these awards:

1. Student’s home campus must be Brentwood as reflected on the Application for Graduate Admission.
2. Student’s major must be offered as a degree program at the Brentwood Campus. (Special circumstances exist for students pursuing a Master's Degree in Library and Information Science who have selected the Brentwood Campus as their financial aid center).
3. All classes must be taken at the Brentwood Campus each semester, unless special circumstances apply. (See the Financial Aid Office for “acceptable circumstances”)
4. Students must complete individual applications for all relevant scholarships prior to the deadline.
5. Students must complete the Free Application for Federal Student Aid (FAFSA).

St. Joseph’s Grant
This grant is based on a conferred bachelor’s and master's degree from St. Joseph’s College (Patchogue or Brooklyn Campuses). The grant is a one-third tuition discount that is valid for the duration of the student’s first master’s degree or advanced certificate at the Brentwood Campus. There is no minimum GPA required. The award is available during Fall, Spring and Summer semesters. Students must submit a one page application before the posted deadline to be reviewed for award eligibility.

Credit Bank Scholarship
This scholarship is a sliding-scale academic award based on a student’s final GPA from a previously received bachelor’s or master’s degree.

Bachelor’s Degree GPA Scale
3.00 – 3.19 2 free credits
3.20 – 3.39 4 free credits
3.40 – 3.59 6 free credits
3.60 – 4.00 8 free credits

Master’s Degree GPA Scale
3.50 – 3.69 2 free credits
3.70 – 3.79 4 free credits
3.80 – 3.89 6 free credits
3.90 – 4.00 8 free credits

Please note that these credits are issued at a rate of one free credit for every three credits registered and are awarded at the rate of tuition each student is currently paying. Students with tuition discounts will receive Credit Bank credits at the discounted tuition rate. This is a one-time award for which students may not reapply. The award is available during Fall, Spring and Summer semesters. Students must submit a one-page application before the posted deadline to be reviewed for award eligibility.

Brentwood Graduate Scholarship
Students must be registered for a minimum of six credits to apply for this award. This award is only valid for Fall and Spring semesters. Students must have an overall Long Island University master’s level GPA of 3.2 or higher to maintain eligibility. This award may not be received if students are currently receiving the Credit Bank Scholarship. Maximum award per year is $500. Students must submit a one-page application before the posted deadline to be reviewed for this award.

Graduate Assistantships
Graduate Assistantships (GA) applications are accepted for Fall, Spring and Summer semesters. Students must be registered for a minimum of three credits to apply for a GA position. Three letters of recommendation must be on file before students will be considered. Although students are not required to file any financial aid forms, students must have applied to the University and be matriculated. All GA positions are considered taxable income by the government and are taxed accordingly.

Referral Credits
The Brentwood Campus will offer one FREE CREDIT to any student currently registered in a degree or certificate-granting program at the Brentwood Campus for EACH new student you refer. The students you refer must begin their studies at least one semester later than you. Once the referred student successfully completes at least one course at the Brentwood Campus, the Office of Financial Aid will issue you a Referral Credit Letter redeemable for one free credit at the Brentwood Campus. This letter is valid for two years from the date of issue, and may be redeemed only by the person to whom the letter was issued. Referral Credits may be redeemed at the rate of one free credit for each three credits of registration. Referral Credits will only be issued if the referred students provide your first and last name on their Application for Admissions where prompted. Referral credits requested after submission of admissions applications will not be granted. Please contact the Office of Financial Aid for details.

Brentwood Campus Alumni Scholarship
A one-third tuition discount is offered to students who hold a Long Island University Degree or Advanced Certificate from the Brentwood Campus. Candidates must be accepted to the Brentwood Campus or enroll in Library and Information Science courses at the Brentwood Campus. This scholarship, which can be applied toward tuition for any course in any program offered at the Brentwood Campus, is available to matriculated as well as non-matriculated students. This award is only applicable to courses taken at the Brentwood Campus of Long Island University. Scholarship applications are available in the Office of Financial Aid and must be submitted prior to each semester of eligibility. The award is available during Fall, Spring and Summer semesters. Students must submit a one page application before the posted deadline to be reviewed for award eligibility. Please see the office of Financial Aid for further details.

New York State Programs

New York State Tuition Assistance Program (TAP)
The New York State Tuition Assistance Program (TAP) helps eligible New York State residents pay tuition at approved schools in New York State. Depending on the academic year in which you begin study, an annual TAP award can be up to $5000. TAP is a grant and therefore does not have to be paid back.

To be eligible for TAP, the student must be a U.S. citizen or eligible non-citizen, a New York State resident, be enrolled as a matriculated student in full time attendance (12 credits or more per semester), and attend an eligible school or college located in New York State. Students need to file a Free Application for Federal Student Aid (FAFSA) and list, on the form, a school or college in New York State.

After you confirm the FAFSA submission, you may file the electronic TAP Application on-line by clicking on the NYS resident link and completing the TAP on the web application. If you would like additional TAP information or additional eligibility criteria please refer to the HESC web-site at www.hesc.org.

New York State Aid for Part-Time Study (APTS)
Through the Aid for Part-Time Study program, New York State provides tuition assistance to eligible undergraduate students enrolled on a part-time basis in a program of study at participating institutions in New York State. APTS is a grant and therefore does not have to be paid back.

To be eligible for APTS, you must be a citizen or eligible non-citizen, a New York State resident, be enrolled as a matriculated student in part-time attendance (3-11 credits per semester), and attend an eligible school or college located in New York State. Students need to file a completed Application for Aid for Part-Time Study with their school for each semester for which the award is sought. The application can be obtained from the Brentwood Financial Aid Office.

If you would like additional APTS Information or additional eligibility criteria please refer to the HESC web-site at www.hesc.org.

Regents Awards for Children of Deceased or Disabled Veterans
Regents Awards for Children of Deceased and Disabled Veterans were created to provide financial aid to students whose parent(s) served in the U.S. Armed Forces during specified times of national emergency.

Eligible students are those whose parent(s) served in the U.S. Armed Forces during specified periods of war or national emergency and, as a result of service, either died or suffered a 40% or more disability, was classified as missing in action, or was a prisoner of war. The veteran must currently be a NYS resident or have been a NYS resident at the time of death.

Students must complete the Children of Veterans Award Web Supplement. Be sure to print the Web Supplement confirmation, sign it, and submit it, along with the required documentation, according to the instructions. In addition you must complete the FAFSA, at www.fafsa.gov, and apply for TAP on the Web application.

If you would like additional NYS Regents Awards for Children of Deceased or Disabled Veterans information or additional eligibility criteria please refer to the HESC web-site at www.hesc.org.

State Aid to Native Americans
Being an enrolled member of a NYS tribe or the child of an enrolled member of a NYS tribe may make you eligible for an award through the Aid to Native Americans Program.

Enrolled members of a NYS tribe and their children who are attending, or are planning to attend, a college in New York State and are New York State residents may be eligible for this award. The award is made to all eligible applicants.

Additional information or specific eligibility criteria can be found by writing to:

Native American Education Unit
NYS Education Department
Room 374 EBA
Albany, New York 12234
(518) 474-0537

NYS World Trade Center Memorial Scholarship
The NYS World Trade Center Memorial Scholarship guarantees access to a college education for the families and financial dependents of innocent victims who died or were severely and permanently disabled as a result of the September 11, 2001 terrorist attacks on the United States of America and the resulting rescue and recovery efforts. To be eligible for this scholarship a student must be the child, spouse or financial dependent of a severely and permanently disabled victim of the September 11, 2001 terrorist attacks on the United States or the subsequent rescue and recovery operation. This includes victims at the World Trade Center site, at the Pentagon, or on flights 11, 77, 93, or 175. The student must be enrolled as a matriculated student in full-time attendance (12 or more credits per semester), and attend an eligible school or college located in New York State. Students must complete and submit the NYS World Trade Center Memorial Scholarship Web Supplement. Be sure to print the Web Supplement confirmation, sign it, and submit it, along with the required documentation, according to the instructions. In addition students need to complete the FAFSA, at www.fafsa.gov and TAP on the Web.

If you would like additional NYS World Trade Center Memorial Scholarship information or additional eligibility criteria please refer to the HESC web-site at www.hesc.org.

NYS Memorial Scholarships
Memorial Scholarships for Families of Deceased Firefighters, Volunteer Firefighters, Police Officers, Peace Officers and Emergency Medical Service Workers provide financial aid to children, spouses and financial dependents of deceased firefighters, volunteer firefighters, police officers, peace officers and emergency medical service workers who have died as the result of injuries sustained in the line of duty in service to the State of New York. Students have to study at an approved post secondary institution in New York State, have graduated from a high school in the United States and be enrolled as a matriculated student in full-time attendance (12 or more credits per semester). Applicants need to complete and submit the NYS Memorial Scholarship Web Supplement. Be sure to print the Web Supplement confirmation, sign the supplement and submit it along with the required documentation according to the instructions. In addition students must complete the FAFSA, at www.fafsa.gov and TAP on the Web application. If you would like additional NYS Memorial Scholarship information or additional eligibility criteria please refer to the HESC web-site at www.hesc.org.

Flight 587 Memorial Scholarships
Flight 587 Memorial Scholarships provides financial aid to children, spouses and financial dependents of individuals killed as a direct result of American Airlines Flight 587's crash in the Belle Harbor neighborhood of Queens, New York on the morning of November 12, 2001. This program will help the 266 families who lost loved ones cover the cost of attending college in New York State. Students have to study at an approved post secondary institution in New York State, have graduated from a high school in the United States and be enrolled as a matriculated student in full-time attendance (12 or more credits per semester). Complete and submit the Flight 587 Memorial Scholarship Web Supplement. Be sure to print the Web Supplement confirmation, sign it, and submit it, along with the required documentation, according to the instructions. In addition students must complete the FAFSA, at www.fafsa.gov, and apply for TAP. If you would like additional Flight 587 Memorial Scholarship information or additional eligibility criteria please refer to the HESC web-site at www.hesc.org.

Military Service Recognition Scholarship (MSRS)
The Military Service Recognition Scholarship provides financial aid to children, spouses and financial dependents of members of the armed forces of the United States or state organized militia who, at any time on or after August 2, 1990, while New York State residents, died or became severely and permanently disabled while engaged in hostilities or training for hostilities. MSRS is also available to members of the armed forces of the United States or state organized militia who provided eligible military service at any time on or after August 2, 1990 while New York State residents, and who became severely or permanently disabled as a result of injury or illness suffered or incurred in a combat theater, combat zone or during military operations in preparation for duty in a combat theater or combat zone of operations.

To be eligible for this scholarship, in addition to the above criteria, the student must be enrolled as a matriculated student in full-time attendance (12 or more credits per semester), have graduated from high school in the United States and attend an eligible school or college located in New York State. Students must complete and submit the Military Service Recognition Scholarship Web Supplement. You will need to print the Web Supplement confirmation, sign it and submit it along with the required documentation, according to the instructions. It will be necessary to complete the FAFSA at www.fafsa.gov and the TAP on the Web application.

If you would like additional NYS Memorial Scholarship information or additional eligibility criteria please refer to the HESC web-site at www.hesc.org.

Veterans Benefits
Long Island University is approved for veterans education benefits under various G.I. bills for veterans or active duty service men and women. Tutorial assistance payments are also available.

Veterans Tuition Awards (VTA) are awards for full-time and part-time study for eligible veterans matriculated at an undergraduate or graduate degree-granting institution or in an approved vocational training program in New York State. Approved programs are defined as undergraduate degree, graduate degree, diploma, and certificate programs at a degree granting institution.

Eligible students are those who are New York State residents discharged under honorable conditions from the U.S. Armed Forces, citizens or eligible noncitizens, matriculated full-time or part-time at an undergraduate or graduate degree granting institution in New York State and graduated from high school in New York State. It will be necessary to complete the FAFSA at www.fafsa.gov and the TAP on The Web application.

If you would like additional Veterans Tuition Awards information or additional eligibility criteria please visit the Division of Veterans Affairs and refer to the HESC web-site at www.hesc.org.

Federal Programs
Federal Pell Grants are given to undergraduate students who have not yet earned a bachelor's or a professional degree. Pell grants are awarded based on eligibility and financial need as demonstrated on the Free Application for Federal Student Aid (FAFSA). The FAFSA application can be found at www.fafsa.gov and it must be filed annually. Pell is a grant and does not have to be repaid.

Students must be enrolled in their first bachelor degree program, in at least 3 credits per semester and attending an approved post-secondary institution.

Federal Supplemental Educational Opportunity Grants (SEOG)
Application Procedure: FAFSA must be Filed. The FSEOG is for undergraduates with exceptional financial need. FSEOG's are awarded by a college's financial aid office based on information in the FAFSA.

The FAFSA must be filed annually. Academic Competitive Grant (ACG)
Grant eligibility: Student must be a U.S. citizen and a Federal Pell Grant recipient. Student must be full-time, and have completed a rigorous program of study in high school. ACG is offered to first and second year students in a two or four year degree program. ACG will provide $750 for first-year students and $1,300 for second-year students.

Veterans Benefits Montgomery GI Bill (Ch30)
The Montgomery GI Bill program provides up to 36 months of education benefits. This benefit may be used for degree and certificate programs. Remedial, deficiency, and refresher courses may be approved under certain circumstances. Generally, benefits are payable for 10 years following your release from active duty. This program is commonly known as Chapter 30. The Montgomery GI Bill may also be available to you if you are a member of the Selected Reserve.

Post 9/11 GI Bill (Ch 33)
Since the original GI Bill, which began after World War II, the Post 9/11 GI Bill represents the largest expansion of GI education benefits.

The Post 9/11 GI Bill is for individuals with at least 90 days of an aggregate period on or after September 11, 2001, or individuals discharged with a service-connected disability after 30 days. You must have received an honorable discharge to be eligible for the Post 9/11 GI Bill.

The Post 9/11 GI Bill can financially help Long Island University Brentwood Campus students to cover tuition and fees. Students may also be eligible for institutional scholarship opportunities.

Yellow Ribbon Program
Long Island University also participates in the Yellow Ribbon Program, which can allow eligible veterans to earn a private education for a discounted tuition cost. Find out about Veterans benefits at http://www.gibill.va.gov or by calling 888- 442-4551 to have a form mailed to you.

William D. Ford Federal Direct Loan Program
All loans through the William D. Ford Federal Direct Loan Program must be repaid. The FAFSA must be filed annually for all loan programs. Students must be enrolled in a minimum of six credits in the semester(s) in which they wish to be eligible for and receive federal student loans.

A borrower may repay a Direct Subsidized Loan, a Direct Unsubsidized Loan, or a Direct Consolidation Loan under the standard, the extended, the graduated, or the income contingent repayment plans.

A borrower may repay a Direct PLUS Loan or a Direct PLUS Consolidation Loan under the standard, the extended, or the graduated repayment plans. Repayment begins six months after the student ceases half-time enrollment (6 credits per semester) and may extend up to 10 years. Loans have a variable or a fixed interest rate and are adjusted each year on July 1 and cannot exceed 8.25 percent interest rate. There is no interest accrual while the student is in college half-time for subsidized loans. Repayment of interest is required for unsubsidized loans while the student is in school or the interest may be capitalized.

A FAFSA must be completed and filed annually for William D. Ford Federal Direct Loan Program eligibility.

Federal Direct Loan Program (subsidized)
Application Procedure: Eligible first time borrowers or students that have been out of attendance for a year, will need to complete an Electronic Master Promissory Note (E-MPN). You may complete your E-MPN on-line at http://dlenote.ed.gov. The Electronic Master Promissory Note is valid for a ten year period.

Federal regulations require that all first time Brentwood Campus student borrowers conduct an on-line Entrance Counseling session at http://www.dl.ed.gov. When the loan is approved by the Federal Direct Loan Servicer, notification will be sent to the borrower describing the terms of the loan(s). Loan proceeds will be applied to the student’s account in two disbursements during the enrollment period of the loan. Delayed disbursements for the first semester of the Direct Loan are required for new freshman and transfer undergraduate borrowers.

Selection of Recipients and Allocation of Awards: To be eligible for a Direct Loan, a student must be: 1) a U.S. citizen or permanent resident alien; 2) enrolled in or admitted as a matriculated, at least part-time (6 credits), in an approved college, university or other postsecondary institution in the United States or in a foreign country; 3) file the Free Application for Federal Student Aid (FAFSA) annually; and 4) exhibit financial need.

Loan Schedule: Freshmen may borrow up to $3,500 per academic year. Sophomores may borrow up to $4,500 per academic year. Juniors and seniors may borrow up to $5,500 per academic year. Total undergraduate borrowing may not exceed $23,000.

A graduate student may borrow up to $8,500 per academic year, up to a combined total of $65,500 including any loans for undergraduate study.

Rights and Responsibilities of Recipients: A student may borrow at a relatively low interest rate with no repayment as long as he or she remains enrolled at least halftime (6 credits), and for six months after he or she ceases to be at least a part-time student. For current interest rates, students may contact their lender or the Office of Financial Aid.

A variety of deferment provisions exist for all Federal Direct Education Loans. Students/borrowers should investigate these deferment options with their lender.

Federal Direct Loan Program (unsubsidized)
These non-need based unsubsidized loans are available to undergraduate and graduate students who are found to be ineligible for all or part of the need-based subsidized and/or Plus Direct Loan Program, not to exceed the annual loan amounts listed under the subsidized Direct Loan Program previously listed. Independent undergraduate and graduate students may also apply for these loans in addition to their other Direct Loan amounts.

Dependent undergraduate students may borrow up to $2,000 per academic year. Freshman and sophomore independent students (and dependent students whose parents do not qualify for a PLUS loan) may borrow up to $6,000 per academic year. Independent juniors and seniors may borrow up to $7,000 per academic year. Graduate students may borrow up to $12,000 per academic year not exceeding combined federal student loan total of $20,500 per academic year. The amount of loans and other financial aid, in any given year, cannot exceed the cost of education.

Aggregate Limits for William D. Ford Federal Direct Loan Program
Aggregate limits for all William D. Ford Federal Direct Loan Program subsidized and unsubsidized loans (including a combination of FFELS and Direct Loans) are:

• $31,000 for a dependent undergraduate student, no more than $23,000 in subsidized loans
• $57,500 for an independent undergraduate student (and certain dependent students), no more than $23,000 in subsidized loans
• $138,500 for a graduate or professional student (including loans for undergraduate study), no more $65,500 in subsidized loans

Federal Direct Parent and Graduate PLUS Loan Program
Parents and Graduate students may borrow up to the full cost of attendance less any financial aid per year. The amount borrowed in any year cannot exceed educational costs, taking into account all other financial aid received. Repayment begins within 60 days of disbursement. Graduate students may request a deferment, as long as they are registered for at least six credits. For current interest rates, students may contact their lender or the Office of Financial Aid.

 

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