Step-by-step Instructions

How to apply for Stafford loans

How to apply for Graduate PLUS loans

FAFSA NOW AVAILABLE STARTING OCTOBER 1

Beginning with the 2017-2018 academic year:

  • The Free Application for Federal Student Aid (FAFSA) is available starting October 1, 2016

  • Applicants will use income from two years prior (2015 income and tax information) when reporting personal income

  • Applicants may also be able to use the IRS Data Retrieval Tool (IRS DRT) to import tax data from the IRS to the FAFSA

FAQs

Stafford Loans FAQ

Graduate PLUS Loans FAQ

Students with Special Circumstances

Special Circumstances Form (PDF)

Contacts

Barbie Papalios, Assistant Director of Financial Aid

bpapalios@brandeis.edu

Peggy Higgins, Associate Dean

phiggins@brandeis.edu

How to Apply For Loans

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Loan Application Due Dates *

ALL loan materials must be submitted by the following dates:

FALL:
  • Priority Deadline: May 15
  • FINAL Deadline (to meet semester's tuition due date): July 14

SPRING

  • Priority Deadline: November 15
  • FINAL Deadline (to meet semester's tuition due date): December 9

SUMMER

  • Priority Deadline: April 30
  • FINAL Deadline (to meet semester's tuition due date): June 9

*You may submit your application after the final deadline, but your loan may not post to your account by that semester's tuition due date  

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Unsubsidized Stafford Loans are non-need based guaranteed educational loans. The maximum amount in Unsubsidized Stafford Loans that a student may request in one academic or calendar year is $20,500 ($12,500 for post-baccalaureate students). The only two conditions that would preclude a student from eligibility for this loan would be (a) if a student has reached his or her maximum lifetime aggregate limit (currently $138,500), or (b) if a student is in default status for a previously awarded federal loan. Federal origination fees and interest rates are outlined in the tables below.

           arrowSee how to apply for Stafford loans step-by-step
arrowStafford Loans FAQ

Interest Rate

Date of First Disbursement Interest Rate
On or after 7/1/15 and before 7/1/16 5.84%
On or after 7/1/16 and before 7/1/17 5.31%

Origination Fee

Date of First Disbursement Origination Fee
On or after 10/1/15 and before 10/1/16 1.068%
On or after 10/1/16 and before 10/1/17 1.069%

Learn more about Unsubsidized Stafford Loans, including repayment options.

Graduate PLUS Loan is a non-need, credit based loan similar to a private student loan with the benefit of having a fixed interest rate and federal guarantee. This loan allows master's and doctoral students to borrow up to the total cost of attendance (COA)* for their program--including tuition, room and board, supplies, lab expenses, and travel--less any other aid. Master's or doctoral students who are U.S. citizens or eligible permanent residents enrolled at least half-time (at least 6 credit hours per semester) in a degree program can be considered for Graduate PLUS loans.  Please see the tables below for information on interest rates and origination fees.

*NOTE: The total Cost of Attendance (COA) is determined by Brandeis and includes necessary expenses for a student enrolled in graduate school.  These are fixed costs (tuition and fees), estimates of living expenses, transportation, and health insurance (if purchased).  Each year this budget is revised due to changes in living expenses, books, supplies, and other miscellaneous expenses.  Living expenses are based on the Burear of Labor Statistics MODERATE cost of living for the Boston Area.  The university reserves the right to change its charges at any time. The maximum amount in loans a student can borrow cannot exceed this total Cost of Attendance, per federal regulations. 

arrowSee how to apply for Graduate PLUS loans step-by-step
arrowGraduate PLUS Loans FAQ

Interest Rate

Date of First Disbursement Interest Rate
On or after 7/1/15 and before 7/1/16 6.84%
On or after 7/1/16 and before 7/1/17 6.31%

Origination Fee

Date of First Disbursement Origination Fee
On or after 10/1/15 and before 10/1/16 4.272%
On or after 10/1/16 and before 10/1/17 4.276%

Alternative Loans: Students may wish to borrow from other loan programs and are free to choose from the many private loans available.