William D. Ford Federal Loan Program

Unsubsidized Loan Terms

The Direct Unsubsidized Loan annual limit is $20,500 per academic year. Interest accrual is not compounded or capitalized during periods of enrollment; the accrued interest is capitalized when you enter repayment.

  • 5.28% fixed interest rate (on or after July 1, 2021, and before July 1, 2022)
  • 1.057% loan origination fee upon disbursement
  • 6 months grace period
  • No credit check required
  • No prepayment penalties

Note: Health Professional students in the MBA/MPH program, are eligible to borrow up to $33,000.

Graduate Plus Loan Terms

Students may borrow up to the remaining Cost of Attendance per academic year through the Direct Graduate Plus Loan. Interest accrual is not compounded or capitalized during periods of enrollment; the accrued interest is capitalized when you enter repayment.

  • 6.28% fixed interest rate (on or after July 1, 2021, and before July 1, 2022)
  • 4.228% loan origination fee upon disbursement
  • Credit check required
  • No prepayment penalties

Note: Students with an adverse credit history must obtain an endorser or appeal the credit decision with the Department of Education.

IMPORTANT: Please contact the Haas Financial Aid Office immediately if you become aware of financial aid exceeding the Cost of Attendance. A loan return may need to be initiated if a student anticipates GSI Fee Remissions, Third Party Contract, and/or any additional Gift Aid that exceeds the Cost of Attendance.