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Graduate Loans

Graduate school can seem expensive. We're here to help you make it more affordable. See what loans are available to help you pay for your graduate degree.

Federal Direct Unsubsidized Loan

Amount: All students who file a FAFSA are reviewed for a Federal Student Loan. Graduate students are eligible to borrow up to $20,500 in a Federal Direct Unsubsidized Loan each year. The maximum amount a Graduate student is eligible to borrow is $138,500 (including Federal undergraduate loans).

  • Fixed interest rate
    • 2024-2025 interest rate: 8.08%
  • Payments are deferred while you are enrolled at least half-time (5 credits for Graduate Students)
  • Six month grace period after you leave school before repayment begins
  • There are a variety of repayment plans offered
Learn more about Direct Loans
Direct Graduate PLUS Loan

Amount: Specified amount or up to remaining cost of attendance

  • Fixed interest rate
    • 2024-2025 interest rate: 9.08%
  • Application is reviewed for adverse credit history. If denied, an appeal or endorser can be used.
  • Loan has an origination fee
  • Payments are deferred while you are enrolled at least half-time (5 credits for Graduate Students)
  • Six month grace period after you leave school before repayment begins
  • Apply today at studentaid.gov 
Learn more about Direct PLUS Loans
College Access Loan

Amount: Specified amount or up to remaining cost of attendance

Who: Students who are classified by Texas Wesleyan as a Texas Resident

  • Fixed interest rate
    • 2024-2025 interest rate: 6.30%
  • Student or cosigner must have favorable credit evaluation
  • No loan origination fee
  • Payments deferred while you are enrolled at least half-time
  • Six month grace period after you leave school before repayment begins
  • Apply today at hhloans.com
Learn more about College Access Loans

 

FORWARD Loan

Amount: Specified amount or up to remaining cost of attendance

Who: The Future Occupations & Reskilling Workforce Advancement to Reach Demand (FORWARD) Loan is for students classified by Texas Wesleyan as a Texas Resident who are enrolled in a program aligned with high-value credentials and high-demand occupations. 

  • Fixed interest rate
    • 2024-2025 interest rate: 4.30%
  • Student must be enrolled in an eligible program of study
  • Student or cosigner must have favorable credit evaluation
  • No loan origination fee
  • Payments deferred while you are enrolled at least half-time (5 credits for Graduate Students)
  • Six month grace period after you leave school before repayment begins
  • Apply today at hhloans.com
Learn more about FORWARD Loans
Private Loans

Amount: Specified amount or up to remaining cost of attendance

  • Check out a variety of lenders and loan options offered through ELMSelect
  • Private lenders are not affiliated with any federal student loan program
  • Apply with a cosigner for the best interest rate option
  • Compare lenders, repayment schedules, interest rates and loan fees
  • Choose from undergraduate or graduate options
Learn more about private loans from ELMSelect

Online 7-Week Accelerate Programs

Your program is structured differently than our on-campus graduate programs. Take a second to review our policy on the disbursement of your loans and other financial aid.

apply blue left Read the Policy