Student Financing
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Student Financing

Loan Disbursements Date

 

Direct Loan Fixed Interest Rate Loan Fees
Federal Direct Subsidized Loan 3.4% 0.5% *
Federal Direct Unsubsidized Loan 6.8% 0.5% *

**Federal Direct Subsidized and Unsubsidized Loan Fee Rebate: These loans have a 1.0% Origination Fee and offer a 0.5% Rebate on the Origination Fee. This results in a net Loan Fee of 0.5%, which will be deducted from the gross amount of the loan. If you fail to make 12 on-time monthly loan payments, you will be charged for the initial Rebate and it will be added back to the outstanding balance of the loan. If your first 12 monthly loan payments are made on time, the Rebate will become permanent.

Parent Plus Loan Fixed Interest Rate Loan Fees
Federal Direct PLUS Loan 7.9% 2.5% **

**The Federal Direct PLUS Loan has a 4.0% Loan Fee and offers a 1.5% Rebate. This results in a net Loan Fee of 2.5%, which will be deducted from the gross amount of the loan. Borrowers who fail to make 12 on-time monthly loan payments will be charged for the initial Rebate and it will be added to the outstanding balance of the loan. If the first 12 monthly loan payments are made on time, the Rebate will become permanent.

Loan Disbursements for All Programs for 2011-2012 Federal Direct Loans and Alternative Loans

Weekend College

Summer 2011

06/08/2011

06/28/2011

07/12/2011

Fall 2011

09/15/2011

10/07/2011

11/01/2011

Spring 2012

02/09/2012

03/01/2012

04/27/2012

Weekend Graduate

Fall 2011

09/15/2011

10/07/2011

11/01/2011

Spring 2012

02/09/2012

03/01/2012

04/27/2012

Summer 2012

06/06/2012

06/12/2012

07/12/2012

Traditional Undergraduates and Accelerated BSN

Fall 2011

09/01/2011

10/07/2011

11/01/2011

Spring 2012

01/19/2012

02/09/2012

03/01/2012

Associates Degree in Nursing (A.D.N)

Fall 2011

09/01/2011

10/07/2011

11/01/2011

Spring 2012

01/19/2012

02/09/2012

03/01/2012

Summer 2012

05/24/2011

06/06/2012

07/12/2012

Graduate (All except, Weekend Grad and DPT)

Fall 2011

09/01/2011

10/07/2011

11/01/2011

Spring 2012

01/19/2012

02/09/2012

03/01/2012

Summer 2012

06/26/2012

07/12/2012

 

DPT

Fall 2011

09/01/2011

10/07/2011

11/01/2011

Spring 2012

01/19/2012

02/09/2012

03/01/2012

Summer 2012

04/27/2012

06/06/2012

07/12/2012

Alternative Loan Disbursement Dates

Fall 2011

09/01/2011

09/15/2011

10/07/2011

Spring 2012

01/19/2012

02/09/2012

03/01/2012

Summer 2012

04/27/2012

05/24/2012

06/06/2012