Low-interest (5% percent) federal student loans awarded to undergraduate and graduate students with exceptional financial need.
- up to $5,500 for each year of undergraduate study;
- $8,000 for each year of graduate or professional study.
- The total amount you can borrow as an undergraduate is $27,500 after you complete two years of undergraduate study; $60,000 for graduate and professional.
The loan does not charge origination fees. Your school becomes the lender using funds shared by the federal government. You must repay this loan to your school.
For information about this loan and to apply, meet with your college financial aid office.