Ö÷²¥ÓÕ»ó participates in the Federal William D. Ford Direct Loan program, and the U.S. Department of Education is the lender. Eligible graduate students are offered a Federal Direct Unsu​bsidized Loan, and may also be offered a credit-based Graduate PLUS Loan.
Interest Rates for Direct Unsubsidized Loans*
| Loan Type | Interest Rate First disbursed on or after July 1, 2024 through June 30, 2025 | Interest Rate First disbursed on or after July 1, 2023 through June 30, 2024 |
| Graduate Unsubsidized Loans | 8.08% | 7.05% |
* The rate for each loan is a fixed interest rate for the life of the loan.
Loan Origination Fees for Direct Subsidized and Unsubsidized Loans
An origination fee is a percentage of your loan amount charged by the lender for the processing of your loan. Federal student loans have an origination fee; therefore, the amount you may receive as a disbursement may be slightly lower than the amount you accept.
| Loan Type | Origination Fee First disbursed on or after October 1, 2024 - September 30, 2025 | Origination Fee First disbursed on or after October 1, 2023 - September 30, 2024 |
| Unsubsidized Loans | 1.057% | 1.057% |
Graduate Student Direct Loan Annual and Lifetime Aggregate Limits
Annual Unsubsidized Limit: $20,500
Lifetime Limit: $138,500, of which, no more than $57,500 may be from undergraduate Direct Loan limits.
The Federal Graduate PLUS loan is a federal loan that graduate or professional degree students can use to help pay education expenses. The US Department of Education makes Direct PLUS Loans to eligible borrowers through Ö÷²¥ÓÕ»ó's participation in the
Federal Direct Loan Program. .
Interest Rates for Direct Graduate PLUS Loans*
| Loan Type | Interest Rate First disbursed on or after July 1, 2024 through June 30, 2025 | Interest Rate First disbursed on or after July 1, 2023 through June 30, 2024 |
| Graduate PLUS Loan | 9.08% | 8.05% |
* The rate for each loan is a fixed interest rate for the life of the loan.
Loan Origination Fees for Direct Graduate PLUS Loans
An origination fee is a percentage of your loan amount charged by the lender for the processing of your loan. Federal student loans have an origination fee; therefore, the amount you may receive as a disbursement may be slightly lower than the amount you accept.
| Loan Type | Origination Fee First disbursed on or after October 1, 2024 - September 30, 2025 | Origination Fee First disbursed on or after October 1, 2023 - September 30, 2024 |
| Graduate PLUS Loan | 4.228% | 4.228% |
If you accept a Federal Direct Unsubsidized Loans or apply and are approved for a credit-based Graduate PLUS Loan, you will have steps to complete for each loan borrowed. All loan requirements must be completed for the university to apply a loan to your Ö÷²¥ÓÕ»ó tuition.