Federal Loan Applications

2018-2019 Academic Year

Students who wish to borrow a Federal Direct Loan and/or a Graduate Federal PLUS Loan will need to download the paper application below and submit to the GMS Financial Aid Office for processing.

The Federal Direct Stafford Loan is a low-interest loan available to students for post secondary educational expenses. Most matriculated students are eligible for an Unsubsidized Direct Stafford Loan each academic year. The loan is made to the student who is responsible for repayment. The interest rate for all Stafford Loans disbursed on or after October 1, 2017 and prior to October 1, 2018 is a fixed rate of 6.00%.

Subsidized Direct Loan: As of July 1, 2012 Subsidized Loans are no longer available for graduate students.

Unsubsidized Direct Loan: The government will not pay interest while a student is in school. Interest accrues as soon as the loan is disbursed, and must be paid or capitalized, during periods of in-school enrollment and/or deferment.

You are eligible to participate in the Federal Direct Loan Program if you are: (1) a U.S. citizen or permanent resident; (2) enrolled in a degree program on at least a half-time basis and credits count towards the degree; and (3) making satisfactory academic progress. This requires that you have a cumulative GPA of at least 2.70  (grades of I and C+ or lower are interpreted as failures).


2018-2019 Federal Direct Loan Application

2018-2019 Federal GRAD PLUS


Self-Certification Form

Federal Credit Authorization Form