Student Aid Reference Sheet

Direct Subsidized Loans: For loans first disbursed on or after 7/1/19 and before 7/1/20, the interest rate is 4.53%
Direct Unsubsidized Loans: For loans first disbursed on or after 7/1/19 and before 7/1/20, the interest rate is 4.53% for undergraduate students and 6.08% for graduate and professional students
For Direct Subsidized and Unsubsidized Loans first disbursed on or after 10/1/18 and before 10/1/19, the sequester-required loan fee is 1.062%; for those first disbursed on or after 10/1/19 and before 10/1/20, the loan fee is 1.059%

1st-year undergraduates = $3,500
2nd-year undergraduates = $4,500
Remaining undergraduate years = $5,500
Preparatory coursework needed to enroll as undergraduate = $2,625
Preparatory coursework needed to enroll in graduate/professional program if student has a baccalaureate = $5,500
Teacher certification if student has a baccalaureate = $5,500

Dependent undergraduates whose parents can borrow PLUS = $2,000
1st- and 2nd-year undergraduate dependent students whose parents cannot borrow PLUS and independent students = $6,000
Remaining undergraduate years for dependent students whose parents cannot borrow PLUS and independent students =$7,000
Preparatory coursework needed to enroll as undergraduate = $6,000
Preparatory coursework needed to enroll in graduate/professional program if student has a baccalaureate = $7,000
Teacher certification if student has a baccalaureate = $7,000
Graduate/professional students = $20,500
Certain health professional students = $20,000 for a nine-month academic year or $26,667 for a 12-month academic year

Undergraduate
- Dependent students = $31,000 (up to $23,000 may be subsidized)
- Independent students and dependent students whose parents cannot borrow PLUS = $57,500 (up to $23,000 may be subsidized)
Graduate students
- Subsidized = $65,500 (includes undergraduate borrowing)
- Unsubsidized = $138,500 (included undergraduate borrowing); certain health professions students may borrow up to $224,000 (included undergraduate borrowing)

Annual Maximum Award = $6,095
For awards first disbursed on or after 10/1/18 and before 10/1/19, the adjusted scheduled award is $5,810.91 based on the sequestration reduction percent of 6.2%
For awards first disbursed on or after 10/1/19 and before 10/1/20, the adjusted award is $5,829.50 based on a 5.9% reduction

For loans first disbursed on or after 7/1/19 and before 7/1/20, the interest rate is 7.08%
For Direct PLUS Loans first disbursed on or after 10/1/18 and before 10/1/19, the sequester-required loan fee is 4.248%
For PLUS loans first disbursed on or after 10/1/19 and before 10/1/20, the loan fee is 4.236%

All full-time students = $4,000
For awards first disbursed on or after 10/1/1 and before 10/1/19, the adjusted maximum award amount is $3,752 (6.2% sequestration reduction)
For awards first disbursed on or after 10/1/19 and before 10/1/20, the adjusted maximum award amount is $3,764 (5.9% sequestration reduction)

3.25 GPA or qualifying score on single battery of any nationally-normed standardized admissions test
Agree to teach full-time at least 4 years at a school with a high percentage of low-income students within 8 years of graduation
Agree to teach a specific subject