Log in to your FAOnline account and click the ‘Required Documents’ screen.We encourage you to save all your information electronically for your records. You only need to complete these requirements once during your time at Rochester, and you will need your personal FSA ID. You must complete the requirements listed below to formally accept any federal loan you may have been offered and to allow the loan to disburse to your student billing account with the University. You can subsequently request to restore such loans if need be, again with a written request, and you must do so before the end of the academic year or term in which you are enrolled. Requests must come directly from the student parent requests will not be honored. You can write a request to your financial aid counselor by email, fax, or postal mail. $138,500 (No more than $65,000 subsidized includes undergraduate loans) Yearly federal loan borrowing limits Year in school (earned undergraduate credits)Īggregate or “lifetime” limits Dependent undergraduate students Note: Above figures relate to loans first disbursed on or after Jand prior to July 1, 2024. Interest rates for federal loans Loan type Be part of a matriculated degree-seeking program.In order to receive federal loans for a course or courses, the course(s) must: Enrolled at least half time (six credit hours per term) in a degree-seeking program.These do accrue interest during the student’s time in school.įederal student loans are available to students who are:
#Private student loans for past due balances plus
Federal Direct PLUS Loansįederal Direct PLUS loans are available to parents of dependent undergraduates, and/or graduate students. These do not accrue interest during the student’s time in school. Available to undergraduates and graduate/professional students.įederal Nursing Loans are for students demonstrating significant financial need. Unsubsidized Stafford Loans are non-need-based and do accrue interest during the student’s time in school.Subsidized Stafford Loans are need-based and do not accrue interest during the student’s time in school.
Federal direct subsidized/unsubsidized Stafford loans:
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