Direct Unsubsidized Loan (Title IV)
Eligible students may borrow up to $20,500 per academic year on a Federal Direct Unsubsidized Loan. Interest begins to accrue on loans from the date of disbursement and continues throughout the life of the loan. Loans have a six-month grace period before repayment begins. The grace period begins the date the student ceases to be enrolled at least half-time. Students may not borrow above the cost of attendance per loan period. These loans are not credit-based.
For more information about financial aid eligibility when enrolled in the DNAPC & ASPMF or DNAPC & NET simultaneously, please visit the pages below:
Simultaneous Enrollment in DNAPC & ASPMF
Simultaneous Enrollment in DNAPC & NAEP
Direct Graduate PLUS Loan (Title IV)
Graduate PLUS loans are credit-based loans made to credit-worthy eligible borrowers or the student must obtain an endorser who does not have an adverse credit history. Students may borrow Graduate PLUS loans after first borrowing the yearly maximum Federal Unsubsidized Loan. Borrowers will complete a PLUS application and master promissory note each new loan period. The interest rate begins to accrue on the loans from the date of disbursement. Loans have a six-month grace period, before repayment begins, when the student ceases to be at half-time status. Borrowing may not exceed the cost of attendance, per loan period.
Due to the non-degree nature of the Acute Surgical Pain Management Fellowship, Federal Direct Loans are unavailable.