Graduate Student Financial Aid Opportunities

Your education is an invaluable investment toward your future and Edgewood College is available to guide you.

Graduate students may apply for a Federal Stafford Loan package. A Federal Stafford loan is a low interest (currently fixed at 6.8%) loan. Origination and disbursement fees up to 3% may be deducted. Repayment begins six months after you graduate, leave school, or drop below half time status.* The loans are available in two forms:
Subsidized – This is awarded based on financial need. The federal government “subsidizes” the interest while you attend school.
Unsubsidized – This is available to students without financial need. You’ll be charged interest from the time the loan is disbursed until it is paid in full.

Students admitted as graduate degree-seeking status (including Urban and Rural Economic Development participants) are eligible for up to $20,500 in Federal Stafford Loans per year. In order to be eligible to receive aid, you must be enrolled for a minimum of four credits at Edgewood each semester. Nine credits is considered full-time status.

Students admitted as degree and license-seeking status are eligible for up to $20,500 in Federal Stafford Loans per year. In order to receive aid, you must be enrolled for a minimum of four credits at Edgewood College each semester. Nine credits is considered full time status.

Students admitted as license or certificate status only are eligible for up to $10,500 in Federal Stafford Loans per year. In order to receive aid, you must be enrolled for a minimum of six credits at Edgewood College each semester. Twelve credits is considered full-time status.

To be considered for Federal Student Loans

1. Graduate Students need to be fully admitted as a degree or certificate seeking student at Edgewood College. Applications are available online.
2. Apply for a PIN which serves as an electronic signature on the FAFSA (see below). To apply for a PIN, visit www.pin.ed.gov.
3. Complete a Free Application for Federal Student Aid (FAFSA) after January 1.
   • Online FAFSA: www.fafsa.ed.gov
   • Paper FAFSA: contact the Financial Aid Office

Additional Requirements to be aid eligible:

• Must not be in default on any educational loans or owe repayment on any educational grants.
• Be making Satisfactory Academic Progress in accordance with Financial Aid Policies.

Edgewood Title IV School Code: 003848

Cost of Attendance: $688 per credit (through April 1, 2010)
Note: please expect a nominal increase in charges for the 2010-2011 year (5-7% on average).

For additional information contact our Financial Aid Office, 608-663-2206, financialaid@edgewood.edu