Undergraduates in our GPS program may be eligible for the following aid and federal student loan options:
Federal Unsubsidized Stafford Loan – A loan on which interest begins to accrue immediately, and student may pay the interest even while you are studying.
Federal Subsidized Stafford Loan – A loan for needier students enrolled at least half-time on which interest only begins to accrue after you graduate and/or last date of attendance. There is a six-month grace period before repayment begins.
Parent PLUS Loan – If you are a dependent student (you live with and are supported by your parents), your parents can take out a loan to pay for your education. The loans are offered based on an evaluation of your parents’ credit history. Other fees may apply.
Pell Grants – Federal government grants awarded to needy undergraduates who are earning their first bachelor’s degree. Eligibility guidelines for Pell Grants are very specific, and are only awarded for six full-time years of study. The amount of your Pell Grant may vary from year to year depending on your course load and FAFSA results. It will never cover 100% of your tuition; only a portion.
Undergraduate Borrowing Caps: The total amount a dependent student in our GPS program can borrow in loans is $31,000. The total amount an independent student can borrow is $57,500.