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To apply for Direct Subsidized/Unsubsidized loans you must first complete the FAFSA. Once you successfully file the FAFSA you will need to complete the Loan Entrance Counseling session and Master Promissory Note (MPN) to accept the loans in your financial aid offer. After you file the FAFSA you may apply for a Graduate PLUS Loan. Instructions are located on the right-hand side!

Eligibility for the Graduate PLUS loan is as follows:

  • You must be a graduate or professional student enrolled at least half-time in an eligible program leading to a graduate or professional degree
  • You must not have an adverse credit history
  • You must have successfully completed the FAFSA

To view your cumulative student loan history to date, including lender name(s) and contact information, login to using your FSA ID and password.


Yearly Loan Limits

Student Type

Credit Hours

Loan Limit



$20,500 (unsubsidized loans only)

Pharmacy (P1 to P3)


$33,000 (unsubsidized loans only)

Pharmacy (P4)


$37,167 (unsubsidized loans only)


The current interest rate for 2021-2022 is 5.28%.

The current origination fee for 2021-2022 is 4.228%. The origination fee is a percentage of your loan amount charged by the lender for the processing of your loan. The amount disbursed will be slightly lower than the amount you accept.


Lifetime Loan Limits

Student Type

Loan Total


$138,000 (unsubsidized loans only)


$224,000 (unsubsidized loans only)


Please note that these lifetime totals do not take into consideration any Graduate PLUS loans or private loans taken out by a student.


  • All loan documents must be submitted prior to semester bill deadlines.
  • If all loan documents are not received prior to this deadline, the Financial Aid Office will remove the loans from the student’s account.
  • The student will need to contact the Financial Aid Office to have the loans added back to the account after completing all loan documents.


2021-2022 Interest Rates

Great news! The interest rates for 2021-2022 have been released!

Unsubsidized loans | 5.28%

Grad PLUS loans | 6.28%

Read more 2021-2022 Interest Rates Read more

Direct Loan Entrance Counseling
The Federal Government requires you to complete entrance counseling to ensure that you understand the responsibilities and obligations you are assuming.

Direct Loan Master Promissory Note (MPN)
The Master Promissory Note (MPN) is a legal document in which you promise to repay your loan(s) and any accrued interest and fees to the U.S. Department of Education. It also explains the terms and conditions of your loan(s).

Direct Graduate PLUS Loan
Direct PLUS Loans are loans made to graduate or professional students students to help pay for education expenses not covered by other financial aid.

Review Federal Student Aid
Make sure to have your FSA ID and password ready!