This federal loan program is available through participating schools to provide college financing to students with considerable financial need. Eligibility depends on your financial need and the availability of funds. Your school is your lender.

How Much Can I Borrow?

• Up to $5,500 maximum for each year of undergraduate study.
• Up to $8,000 maximum for each year of graduate study.

Interest Rates and Fees

• Interest rate fixed at 5 percent.
• No fees.

How to Apply

• Complete the Free Application for Federal Student Aid, the FAFSA.