I am in the Pre-Doctor of Ministry program, do I qualify for loans?
Federal regulations allow students to receive Stafford loans for up to one consecutive 12-month period for preparatory coursework such as the Pre-DMin. The 12-month period begins on the first day of the loan period when a student receives his or her first Stafford loan in the Pre-DMin program. Regardless of if a student is enrolled or borrows in consecutive terms, after the 12-month period, Stafford eligibility ends. Pre-DMin students are also subject to undergraduate level Stafford loan limits; up to $12,500 per loan year and an aggregate limit of $57,500. To review your borrowing history, log in with your federal PIN at www.nslds.ed.gov. Upon enrollment in the Doctor of Ministry program, students will fall under regular graduate degree loan eligibility.