The Office of Student Financial Assistance offers financial aid in the form of the Federal Direct Stafford Loan, Federal Direct Graduate PLUS loan and private alternative loans to students who have been admitted to one of our graduate degree or approved graduate certificate programs. Following are brief descriptions of the loan programs, as well as an overview of the process involved in applying for these types of loans.
Federal Direct Stafford Loans
Graduate students at the George Washington University may borrow up to $20,500 in Unsubsidized Federal Direct Stafford Loan funds per academic year; the loan amount is based on the number of credit hours the students plan to take. Those who feel they need more than the $20,500 maximum may seek a Federal Direct Graduate PLUS loan or private alternative loans to further cover their educational costs.
While in school, the student is responsible for the interest that accrues on the unsubsidized loan. Federal Direct Stafford Loan has a fixed interest rate of 6.8 percent as set by the federal government. Federal Direct Stafford Loan eligibility is, in part, determined by information submitted on the Free Application for Federal Student Aid (FAFSA).
Students in Health Professions
Students working on Graduate degrees in the health professions fields
displayed below are eligible to borrow up to a total of $37,167 in
Unsubsidized Federal Direct Stafford funding per Academic Year. The
amount you are eligible for is determined by the number of credits for
which you plan to enroll and the number of months in your selected
loan period as stated on your Loan Questionnaire.
Master of Science in Public Health Microbiology & Emerging Infectious Diseases
Master of Health Services Administration
Master of Public Health: Biostatistics
Master of Public Health: Community Oriented Primary Care
Master of Public Health: Environmental Health Science and Policy
Master of Public Health: Epidemiology
Master of Public Health: Global Health
Master of Public Health: Global Health Epidemiology
Master of Public Health: Health Policy
Master of Public Health: Health Promotion
Master of Public Health: Maternal and Child Health
Master of Public Health: Physical Activity in Public Health
Master of Public Health: Public Health Communication and Marketing
Master of Public Health: Public Health Management
PhD in Public Health: Environmental and Occupational Health
PhD in Public Health: Global Health
PhD in Public Health: Health Behavior
PhD in Public Health: Health Policy
PhD and PsyD in Clinical Psychology
Please note that if you are in the Physician Assistant program, you
are eligible for these limits ONLY IF you are in a joint MPH program
with one of the above majors. Physical Therapy students are NOT
Federal Direct Graduate PLUS Loans
The Federal Direct Graduate PLUS loan is a federally sponsored education loan for graduate students. You are eligible to borrow up to the full cost of education, including tuition, fees, living, book and transportation expenses, less any financial assistance received. We will not be able to certify your Federal Direct Graduate PLUS application until you apply for the Federal Direct Stafford Loan. Federal Direct Graduate PLUS Loans have a fixed interest rate of 7.9 percent as set by the federal government for the 2012 - 2013 Academic Year, so you can borrow for your education without worrying about increases in interest rates or changes in monthly payments. A minimum credit check is required for all Federal Direct Graduate PLUS borrowers. If you are not eligible based on your own credit rating, you may become eligible if you obtain an endorser for the loan.
Private Alternative Loans
Private alternative loans are available to graduate students who feel they will need more than the $20,500 maximum available from the Federal Direct Stafford Loan program or students enrolled in certificate programs that are not Stafford or Graduate PLUS eligible. Most private alternative loans allow a student to borrow up to the cost of attendance minus any other aid.
Additional loan information can be found here.