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You must complete the Free Application for Federal Student Aid (FAFSA) in order to be awarded financial aid.  The application is available at www.fafsa.gov.  A FSA ID is required from the applicant in order to complete the form, as it represents your signature.  Apply for your FSA ID before you attempt to complete the FAFSA (fsaid.ed.gov).  The FAFSA form will process within 24-48 hours so students should complete the form as soon as possible.

In order for you to be eligible for financial aid you must meet one of the following:

  • Fully accepted into a graduate degree program

  • Teaching Endorsement Only; if you are wanting to enroll in a Teaching Endorsement, apart from the graduate degree, federal financial aid is available ONLY if the endorsement is required for employment by the state in which you are teaching.  You must complete the "Teaching Endorsement Form" if you plan to complete an endorsement only and would like to use federal financial aid.  The form is available on the Student Financial Services channel. 

 

Missing information needed to officially accepts students (ie. Academic Transcripts) that is not received in a timely manner may result in delays in disbursement of financial aid.

 

LIFETIME AGGREGATE LOAN LIMITS

The federal government limits the aggregate amount of Federal Direct Loans that you can borrow in your lifetime. 

The lifetime aggregate limits for federal student loans are as follows:

  • Graduate students: $138,500 combined (only $65,500 may be subsidized, includes amounts borrowed as an undergraduate student).
  • Graduate Plus Loans do not have a lifetime maximum.

As a student loan borrower, you are responsible for knowing the total amount of federal loans you have borrowed.  A summary of your federal loan debt is available via the National Student Loan Data System (NSLDS) at www.nslds.ed.gov.

 

 

Last updated: 2018-02-14 03:13 PM 1901-1337240
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