Loans

How to Apply

Students who are admitted to the Graduate School of Arts and Sciences and who are interested in a student loan should apply through the 
Graduate School of Arts and Sciences
Washington University
Campus Box 1187
One Brookings Drive
St. Louis, MO 63130-4899
Telephone: (314) 935-6821
e-mail: snotaro@wustl.edu

Deadlines:

The preferred date by which to apply for a student loan is July 1st. This will ensure that the loan is available by the beginning of the fall semester. The student loan application deadline for the academic year is April 28th (the 2nd semester of enrollment).
 

Types of Loans:

There are 2 types of loans for which you may apply:
  1. Perkins Loans are federal loans made through Washington University. The interest rate is 5%. Limited funds are available to Graduate Students.

    2.  
  2. Stafford Loans can be arranged for a larger number of graduate students. Maximum combined eligibility for the Subsidized and Unsubsidized Stafford is $20,500 ($8500 Subsidized and $12,000 Unsubsidized) per academic year, with an aggregate total not to exceed $138,500. The interest rate on loans disbursed after July 1, 2006 will be set at a fixed rate of 6.8 percent. An origination fee of 3% and an insurance premium of not more than 1% will be automatically deducted from the principal amount by some lenders.

Eligibility:

Eligibility is determined by the Free Application for Federal Student Aid (FAFSA), the Washington University Family Financial Profile (FFP) for Graduate and Professional Students, a signed copy of your (and your spouse's, if applicable) tax return, a student loan Master Promissory Note and the amount of assistance awarded by your academic Department. Applications may be requested at the above address.

Reapplication:  

A new and complete application is required each academic year.  While the FAFSA may be accessed and completed via the Internet at http://www.fafsa.ed.gov/,  graduate students are asked to contact the Graduate School of Arts and Sciences for a complete application packet which will include the Washington University Family Financial Profile (FFP) and other important information.  These materials are available by  March 1 in the Graduate School Office. 

Campus Box 1187 · One Brookings Drive · St. Louis, Missouri 63130-4899
phone: (314) 935-6880 · fax: (314) 935-4887 · GraduateSchool@artsci.wustl.edu