Loan Options FINANCING YOUR MBADownload Info There are a variety of student loans available to graduate students. By utilizing a combination loans, most students eligible to receive federal student aid will see an initial award offer up to their cost of attendance in the following loans:
Federal Stafford Unsubsidized LoanThe Federal Stafford Unsubsidized Loan can be offered up to $20,500 per academic year. Interest accrues immediately upon disbursement at an interest rate of 6.8%. Repayment begins six months after graduation or reduced enrollment below half time. Federal Graduate PLUS LoanThe Federal Graduate PLUS Loan requires a credit check. The maximum amount offered in this loan is up to your minus other aid received. Interest accrues immediately on this loan at an interest rate of 7.9%. Private Education LoanThe private education loan would be obtained from a private lender. Interest rates and repayment vary per lender. If you are interested in a private education loan, you will need to conduct your own research. You can review Arizona State University’s frequently used private educational lender list |
to determine which lender may fit your needs best.
