Graduate Academic Catalog 2011-2012
Types of Financial Aid
Graduate students may be eligible for both subsidized and unsubsidized Federal Direct Loans based on the evaluation of FAFSA information. Once the FAFSA has been received and evaluated, the student will be awarded applicable loans.
The maximum subsidized loan for one academic year is $8500 and the maximum unsubsidized is $12500 for a total of $20500 in one academic year. A student can always borrow less and we encourage you to only borrow what is needed for educational related expenses.
After the student is awarded these loans, the offer must be accepted electronically via the SPSU email account. At that time instructions will be provided about completing the Master Promissory Note (MPN) and on line counseling. Once all of these requirements are completed, loan proceeds can be disbursed to the students account.