Low-interest federal student loans help cover tuition, living expenses and other education-related expenses.
Eligible students enrolled in Erikson’s master’s degree and certificate programs may borrow through the Direct Unsubsidized loan or the Direct Graduate PLUS loan program.
Direct Unsubsidized and Graduate PLUS loans are low-interest Title IV federal loans made directly to students by the federal government. Graduate students may borrow an aggregate limit of $138,500 in federal Stafford loans, including undergraduate loans. Erikson participates in the Direct Loan program, which means you don’t need to find a bank or lender to arrange your federal loans. There is no aggregate limit on Graduate PLUS loans.
Note: Doctoral students may apply for federal loans through Loyola University Chicago. Visit Loyola University Chicago for more information on applying for loans for doctoral students.