Helping graduate students pay for college
Graduate loan applications are processed on a first-come, first-served basis, with priority given to those applications submitted by May 1. Once you have a financial aid award available, you may view it on WebAdvisor. Students must reapply for financial aid each year. For more information on priority deadlines, see “Important Dates” at the left.
Students who apply for loans late may need to pay for tuition temporarily (i.e., credit card) until the loan is processed. Students may then request a refund check from the Student Accounts Office after the loan has been applied to his/her account and after attending the first class session.
To Apply for Federal Student Loans
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Step 1.
Be accepted for admission to a degree-granting or licensure program and intend to enroll at least half-time. Note: Graduate Licensure Students (superintendent, principal, school nurse or other administrative licensure) are eligible for private education loans only. For more private loan information, follow the “Additional Loan Resources” at the bottom of this page.
Step 2.
Complete the Ashland University Financial Aid Application. Applications will be made available on March 1, 2011. The summer financial aid application will be made available on February 1, 2011.
- Summer Financial Aid Application (inactive until Feb)
- Bachelor’s Plus/Teacher Licensure Fall/Spring Application
- Graduate Fall/Spring Application
- Seminary Fall/Winter/Spring Application (For Master’s and Doctoral students)
Step 3.
File a FAFSA with Ashland University’s school code of 003012
Step 4.
For new Federal Direct Stafford Loan borrowers, complete Direct Loan Master Promissory Note for your “Subsidized/Unsubsidized Loan.”
Step 5.
If you do not have outstanding Stafford Loans, complete Loan Entrance Counseling.
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Additional Loan Resources
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If you need funding in addition to or do not qualify for Federal Stafford Loans, you can apply for one of the following. NOTE: Approval for these additional loan resources is credit-based.
Option 1.
Private Education Alternative Loan
You will need to choose a lender and apply with that lender for the loan. Ashland University has provided a Private Loan Comparison List through FASTChoice for your review, but you may select any lender you wish. If you apply with a lender not on the Comparison List, please have the lender send their School Certification Form to Ashland University’s Financial Aid Office for Completion.
Option 2.
Federal Graduate PLUS Loan
Master’s and Doctoral degree-seeking students who have exhausted their Stafford Loan eligibility and still have room to borrow up to the cost of attendance may apply for a Federal Graduate PLUS Loan by submitting:
Option 3.
Federal Parent PLUS Loan
Parents of dependent Bachelor’s Plus students who have exhausted their Stafford Loan eligibility and who are enrolled at least half-time may apply for a Federal Parent PLUS Loan by submitting:
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