Graduate Student Information
IMPORTANT NOTE FOR GRADUATE STUDENTS: Due to the Budget Control Act of 2011, graduate and professional students will no longer be eligible to receive Federal Direct Subsidized loans beginning with the 2012-2013 academic year. The annual borrowing limit will remain unchanged but will consist only of Unsubsidized and/or Graduate PLUS eligibility.
Federal regulations require us to count any type of aid (such as scholarships, grants, loans, assistantships, matriculation, tuition and fee waivers) as a financial resource when calculating your eligibility for federal student aid (including Federal Direct and Perkins Loans). The monetary equivalent of any waived Matriculation, Tuition and Fee charges will be reflected on your financial aid Award as a financial resource.
University departments generally enter student Matriculation, Tuition, Fee waivers and assistantships into the University’s computer system after student Financial Aid Awards have been generated. If a subsequent waiver of student institutional charges is identified, the student's financial aid Award will be revised and may result in a reduction or cancellation of student loans.
If you have any questions or have been notified by the Graduate
School that you are receiving an assistantship and it is not reflected
on your Financial Aid Award, please notify our office
immediately so we can adjust your financial aid Award.
In general, when awarding aid OSFA assumes graduate students with assistantships in the previous academic year will continue to receive an assistantship in the upcoming year. If your Award reflects an assistantship that you have not been granted, please contact our office for further instructions.