Annual loan amounts for Federal Direct Unsubsidized Stafford Loans cannot exceed the limits listed below. Cumulative loan amounts include any Subsidized or Unsubsidized Stafford loans received as either an undergraduate or graduate student towards the limit listed below.
|Annual Loan Amounts|
|Dental student (first, second, or third year)||$47,167|
|Dental student (fourth year)||$40,500|
|Cumulative Stafford Loan Amounts
(subsidized + unsubsidized for undergrad and grad studies)
|Graduate, Law, Health Professionals||$138,500|
For the 2015-16 academic year, the interest rate will be a fixed rate of 5.84 percent. Interest accrues while the student is in school. Students may choose to make quarterly interest payments or have the interest deferred and capitalized prior to repayment. A net 1.073 percent processing fee is deducted from the loan proceeds when the funds are disbursed. For loans in which the first disbursement is on or after October 1, 2015, the origination fee is 1.068%.
Repayment begins six months after the last date of half-time enrollment.
Renewed only if all necessary forms are filed each year and students continue to meet eligibility requirements. Students will be required to complete entrance counseling and an eMPN if these requirements were not previously completed at Marquette.
The Office of Student Financial Aid provides undergraduate and graduate students with resources about types of financial aid and student employment.
FAFSA School Code: 003863
Questions or for more information, contact the Office of Student Financial Aid