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Loans for Adult Students
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Available loans:

About loans:

  • Satisfactory academic progress must be sustained by each student in order to maintain any financial aid program.
  • A student may borrow no more than the annual limit shown for his/her combined subsidized and unsubsidized Stafford loans.
  • Deadlines represent risk dates. Students who apply after these dates may find they are eligible, but may not be awarded loans due to limited funding.
  • Visit Student Financial Services' Lender List.
Federal Stafford Loan - Subsidized
Who Undergraduate or graduate students with demonstrated need.
How Much Annual Maximums:
Freshman = $2,625
Sophomore = $3,500
Junior and Senior = $5,500
Graduate student = $8,500

Cumulative Maximums:

Undergraduate = $23,000 total
Undergraduate + Graduate =
$138,500 total
The same limits apply jointly to subsidized and unsubsidized Stafford Loans.
How Long Annually up to maximum amount allowed (above).
How to Apply Complete FAFSA annually. Contact bank or ACU for student loan application.
Deadline May 1.
Other Subsidized; government pays interest. Current variable rate, capped at 8.25 percent, is subject to change. Interest is paid (subsidized) by the government while in school. Principal is deferred. Variable interest rate adjusted annually on July 1.
Federal Stafford Loan - Unsubsidized
Who Undergraduate or graduate students with no demonstrated need.
How Much Annual Maximums:
Freshman = $2,625
Sophomore = $3,500
Junior and Senior = $5,500
Graduate student = $10,000

Cumulative Maximums:

Undergraduate = $23,000 total
Independent Undergraduate =
$46,000
Undergraduate + Graduate =
$138,500 total
The same limits apply jointly to subsidized and unsubsidized Stafford Loans.
How Long Annually up to maximum amount allowed (above).
How to Apply Complete FAFSA annually. Contact bank or ACU for student loan application.
Deadline May 1.
Other Unsubsidized; borrower pays interest. Current variable rate, capped at 8.25% percent, is subject to change. Interest is paid by the borrower while in school. Principal and interest may be deferred at borrower's option. Variable interest rate adjusted annually on July 1.
Third Party Loans
Who Undergraduate or graduate students. Demonstrated need not required.
How Much Cost of education per student minus other aid.
How Long Depends on lender requirements.
How to Apply Contact ACU for more information.
Deadline May 1.
Other

Variable interest rates. Many banks offer additional education loans.
Note: Contact your Financial Aid Advisor about any available scholarships for Adult Students.