Loans for Graduate Students
Up to 2% of the total amount of the Federal Direct Unsubsidized Loan, and up to 5% for the Federal Direct PLUS Loan mentioned below may be deducted by the Department of Education. In addition, if a student graduates or ceases to attend half-time, they are required to complete an exit loan counseling session for their federal student loans.
For information and resources about student loan repayment, or to submit a complaint relating to your student loan or student loan servicer, please visit www.wsac.wa.gov/loan-advocacy or contact the Student Loan Advocate at email@example.com.
Aggregate Loan Limits: Graduate students cannot take out a total of more than the following aggregate amounts during their time in school–
- Graduate Independent Federal Direct Subsidized and Unsubsidized limit: $138,500*
*Graduate students are no longer eligible for Federal Direct Subsidized Loans, but existing balances on such loans count toward the aggregate loan limit. Aggregate limit for graduate students includes loans received for undergraduate study.