

If your Federal Direct Grad PLUS loan is denied and you apply with an endorser, please notify our office. Please be sure to complete the Application for a PLUS Loan for a Graduate/Professional Borrower, Loan Agreement (Master Promissory Note) for Federal Direct Grad PLUS. To apply, click here, sign in, and complete the Grad PLUS loan process. The Federal Direct Grad PLUS credit check expires every 180 days so you may be required to complete a new credit check when increasing a Federal Direct Grad PLUS application. The Federal Direct Grad PLUS Loan is a credit based loan that allows students the opportunity to borrow up to their cost of attendance, minus any financial aid received. Current listings of open positions are posted in the Office of Student Financing. Awarded students are eligible to interview for available positions. Receiving a work-study award does not guarantee employment. Hourly pay rates vary depending upon the individual employer and type of work performed.

For more information visit .įederal Work Study is designed to provide assistance to students in meeting their educational costs while enrolled at CGU by providing employment opportunities both on and off-campus. Teacher Loan Forgiveness Program– If you are a teacher serving in a low-income or subject-matter shortage area, it might be possible to cancel or defer your Federal Direct and/or Perkins loans.
#FINAID LOAN CALC REGISTRATION#
You must be enrolled in at least four degree-seeking units OR doctoral studies/continuous registration in order to apply for any type of federal funding and have completed a current FAFSA. A Master Promissory Note (MPN) is required.

The loan has an origination fee of 4.228%, which is assessed by the federal government and deducted from the loan proceeds prior to disbursement. An origination fee of 1.057% is deducted from the loan proceeds prior to disbursement, which means if you are offered $20,500 in a federal direct loan, you will net approximately $20,282 for the academic year.įederal Direct Grad PLUS – (6.28% fixed interest as of July 1, 2021) is a credit-based loan that allows students the opportunity to borrow up to their cost of attendance, minus any financial aid received. Complete Entrance Counseling and the Master Promissory Note (MPN). The federal limit per academic year is $20,500. The student is responsible for all accrued interest which begins at the time of disbursement. You may satisfy this requirement online through .įederal Direct Unsubsidized Loan – (5.28% fixed interest as of July 1, 2021) – The Federal Direct Unsubsidized Loan is available to graduate/doctoral students regardless of income.
#FINAID LOAN CALC FREE#
It is important to explore the variety of options available to you and it is recommended that you complete the Free Application for Federal Student Aid (FAFSA). You may have already received a CGU Fellowship, but there are several additional resources to assist you with financing your education. This tool should not be used for EMBA or MFA students. This fellowship calculator will assist students admitted Summer 2014 through this current semester in determining the amount of fellowship based on units enrolled. This Financial Calculator will assist students with determining the annual cost of financing their degree. Eligibility or continued eligibility for financial aid may be seriously affected. Cost of Tuitionīudget items reflect average student expenses per semester.Īs a CGU student, you are expected to meet and maintain satisfactory academic progress. These charts and calculators will help you estimate your financial needs while at CGU. Dissertation Awards, Travel Awards, Stipends and Prizes.Veterans Educational Assistance Program/ Yellow Ribbon Program.Federal Work Study and Student Employment.External Scholarships & Fellowship Support.Below are some financial aid options currently available along with tips for successfully financing your graduate education. Our staff makes every effort to provide accurate, efficient, and timely assistance with your financial aid. CGU’s Financial Aid staff can help you navigate the financial aid process. At Claremont Graduate University, we work hard to make this exceptional graduate experience accessible and affordable.
