Loan Programs

The Direct Loan Program

The Direct Loan Program is a federally guaranteed student loan program. Most graduate students are eligible to borrow up to $10,250 per term provided they meet eligibility criteria. To determine eligibility for the Direct Loan complete a Free Application for Federal Student Aid at www.fafsa.ed.gov.

The Direct Loan Program

Download the AUNE Financial Aid Request Form for 2012/2013 (PDF 128K)

Download the AUNE Financial Aid Request Form for 2011/2012 (PDF 128K)

Unsubsidized Federal Direct Loan

Interest Rate: 6.8 percent fixed. Federal Direct Loan interest begins to accrue upon the first disbursement. You have the option to pay accruing interest. This will help limit the total interest capitalized once you enter repayment.
Maximum Loans: $10,250 per term; lifetime of $138,500 including undergraduate loans. Doctoral students in Clinical Psychology have a lifetime maximum of $224,000 including undergraduate loans.
Fees: Processing and guarantee fees may be deducted from each loan disbursement by your lender.