Financial Aid Program | Award Range | Application | Description and Conditions of Award |
Federal Direct Subsidized Loan | Up to $4,500 | FAFSA Master Promissory Note (MPN) | The loan amount changes based on year in the program. First year student limit is $3,500; second year student limit is $4,500. The maximum subsidized loan is financial need minus Federal Pell Grant and other grant funds. |
Federal Direct Unsubsidized Loan | Up to $10,500 | FAFSA Master Promissory Note (MPN) | Independent first year students can borrow a maximum of $9,500 of subsidized and unsubsidized loans combined. Independent second year students can borrow up to $10,500 of subsidized and unsubsidized loans combined. Dependent students are limited to $5500 or $6500 of subsidized and unsubsidized loans combined. Loan maximums are based on year in school. |
Federal Direct PLUS Loan | Up to Cost of Attendance | Master Promissory Note (MPN) | Parents can borrow the total Cost of Attendance minus other financial aid for dependent students. |
Private Loan Sources
Program or Agency | Website | Description and Conditions of Award |
Sallie Mae Smart Option Student Loan for Career Training | MORE INFO | Private Loan. Pay now or later—choose an in-school repayment option, or defer your payments until after school. Fixed or variable interest rate; lower with a cosigner. Choice of three repayment options. A 0.25% interest rate reduction if enrolled in automatic debit payments. Co-signer might be required for approval. |