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Federal Loan Programs

The Department of Education offers two types of loans for graduate students: Direct Unsubsidized Loan and Direct Graduate PLUS Loan. Visit the Drexel Central website to learn more about these Federal Direct Loan programs.

Direct Unsubsidized Loan

  • Non-need-based loan
  • Annual loan limit is $20,500
  • Interest accrues as of disbursement of the loan
  • Repayment begins when enrollment drops below part-time or ceases after a six-month grace period

Direct Graduate PLUS Loan

  • Non-need-based loan
  • Annual limit up to cost of attendance
  • Interest accrues as of disbursement of the loan
  • Applicant must be credit worthy or have a credit-worthy co-signer