As a graduate student who already has a Bachelor's degree, you are only eligible for a Federal Direct Unsubsidized Student Loan. The interest rate for 2022-2023 academic year is 6.54%. Aside from this difference, the financial aid application process is the same as for undergraduates.
As a graduate student who already has a Bachelor's degree, you are only eligible for a Federal Direct Unsubsidized Student Loan. The interest rate for 2022-2023 academic year is 6.54%. Aside from this difference, the financial aid application process is the same as for undergraduates.
It is important to note that Leadership Academy/CAGS students do not qualify for financial aid through the the FAFSA. This includes the Federal Direct Unsubsidized Student Loan. Individuals needing to borrow for the Leadership Academy/CAGS are only eligible to borrow the Sallie Mae Smart Option loan. Leadership Academy students do not need to complete the FAFSA in order to apply for a Sallie Mae Smart Option loan.