University College Graduate Financial Aid Sources for
Distance (ISDP) and Master's Certificate Students
Need-based Financial Assistance
Tuition Grants (certain distance education programs only)arenon-repayable, need-based tuition awards, providing up to
15% of tuition depending on student need and availability of
institution's funds.
The Subsidized Federal Stafford Loan is a
low-interest, need-based loan.
Non-need Based Programs (Loans)
Unsubsidized Federal Stafford Loans are
available to all students regardless of family income. The Unsubsidized
Federal Stafford Loan is designed for students who do not qualify
for Subsidized Federal Stafford Loans based on sufficient financial
need (but satisfy all other eligibility criteria). The terms
and conditions are the same as Subsidized Federal Stafford Loans,
except that the student must pay interest on this loan during
in-school and deferment periods.
The Graduate/Professional Student PLUS loan: The recently
passed Deficit Reduction Act of 2005 allows Graduate and Professional
students to borrow under the Federal PLUS loan program beginning
July 1, 2006. Click
here to read more about this program.
Choosing a Lender
It pays to make an informed decision when choosing a lender. You will be entering into a long-term relationship with the lending institution. Reasons for selecting a particular lender vary from person to person. Some will choose a lender based on name/brand recognition or reputation. Others prefer established and timely processing. Still others are interested in borrower benefits in repayment, such as an interest rate reduction as a reward for making consecutive on-time payments. We encourage students to select the lender and loan product that best meets their needs. For more information, go to financialaid.syr.edu/gradloans.htm.
Phone:
315-443-YeSU (9378) • Toll Free 1-866-498-YeSU (9378)
700
University Avenue • Syracuse, New York • 13244-2530
Syracuse University, University College
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