As a graduate student at UF, you are eligible to apply for loans through the William D. Ford Federal Direct Loan Program. Through the federal program, you can obtain federal funds directly from the U.S. Department of Education. See below to learn more about Federal and private loan programs.
Federal Loan Programs
Stafford Loan Program - If you file a FAFSA and are enrolled at least half-time, you may qualify for a Stafford Loan, which is a long-term, low-interest loan.
As a graduate student, you may borrow up to $20,500 in Federal Direct Loans each year. The FAFSA and your cost of education will determine how much you can borrow. Your enrollment level also plays a role in your loan eligibility, but you must be enrolled at least half-time, which is at least four and one-half (4.5) hours of credit in a term.
Graduate PLUS Loans - You may also have the option of applying for a Graduate PLUS loan if your unsubsidized loan does not cover all of your educational costs.
current interest rates
for Federal Unsubsidized and Graduate PLUS loan funds. You can complete the Master Promissory Note and entrance counseling for the Federal Unsubsidized loans and apply for a Graduate PLUS loan at
Private Loan Options
You may wish to consider one of the alternative loans that are available to graduate students in lieu of the Direct GradPLUS Loan. As the borrower, you must initiate the loan, which must subsequently be certified by the Office of Financial Aid. Generally, you must be creditworthy, and a cosigner must be creditworthy as well. While you may be able to borrow without a cosigner, having a cosigner may reduce the fees and/or the interest rate on the loan. A careful review of interest rates and their trends may be of value as you decide whether the Direct Grad PLUS or the alternative loan is the right choice for you. Please visit
to explore some private loan options.
For many graduate students, employer reimbursement is a good option to help cover the cost of your education. If your company offers employer reimbursement, you must contact the University's
to complete the
University's Company Reimbursement Form
prior to each session you enroll in.