Federal Unsubsidized Loans
- Accrues 6% interest upon disbursement
- 1.069% loan fee, deducted proportionately from each disbursement
- Repayment begins six months after graduation or withdrawal, or when enrolled below half-time status (five credits for graduate students)
- No credit check required
Federal Graduate PLUS Loans
- Accrues 7% interest rate upon disbursement
- 4.276% loan fee, deducted proportionately from each disbursement
- Maximum amount offered is cost of attendance minus other aid received
- Repayment begins six months after graduation or withdrawal, or when enrolled below half-time status (five credits for graduate students)
- Requires credit check and completion of Graduate PLUS loan application
Private education loans
- Obtained from a private lender
- Interest rates, loan fees, repayment, and eligibility requirements may vary
- Review ASU’s private educational lender list
Loans for international students
To be considered for private education loans through a lender, you can request up to the approximate cost of your attendance through private educational loans. However, to be considered for a private loan, you must apply with a creditworthy co-applicant (co-signer) who is a U.S. citizen.