Types of Financial Aid for Professional Students

Professional post-baccalaureate certificate students are considered fifth-year undergraduate students for the purpose of financial aid and are ineligible for federal and state grants. The financial aid office can help you obtain assistance with federal and private loans.

 

Loans

Federal Direct Stafford Loans

The Federal Stafford Loan program enables eligible students the option to obtain a long-term, low fixed-interest rate loan. This program will start repayment six months after a student withdraws, drops below half time, or graduates from college. The amount awarded is based on a student's grade level and can be awarded in two forms: subsidized or unsubsidized.

Learn more about required loan counseling or interest rates, award amounts, and other loan information.

Subsidized Stafford Loans

A subsidized Stafford Loan is awarded on the basis of financial need, based on the information supplied on the FAFSA. The federal government "subsidizes" (pays) the interest until the loan goes into repayment.

Unsubsidized Stafford Loans

This is a non need-based loan, and awarded based on the information supplied on the FAFSA. Interest is not subsidized (or paid) by the federal government. Students have the option to pay the interest while attending school or have the interest accumulate and be capitalized at repayment.

Alternative Loans

Alternative loan programs assist you in financing the cost of your education. Most alternative loans allow you to borrow the remainder of what the traditional financial aid programs did not cover. Alternative loan programs may require a co-signer if you have not established a credit score. Generally, alternative loan programs will wait until six months after you graduate, withdraw, or drop below half-time enrollment before going into repayment. Interest rates vary.



Review and apply for alternative loan options.

 

Installment Payment Plan

You may be eligible to participate in a monthly payment plan. For more information, contact the business office.