Complete the online application at this federal government website (do not go to the .com website as this is a private entity which will charge you a fee).
- FASFA (federal government) will send you by email a Student Aid Report (SAR) within approx. 3 business days telling you your expected contribution to your educational expenses. After the Office of Financial Aid has reviewed your application they will offer you a financial aid award. This award usually includes one or more of the following:
- A Subsidized Federal Direct Stafford loan up to $8,500 per year (Fixed percent 6.8%)
- Unsubsidized Federal Direct Stafford Loan up to $12,500 per loan (6.8%)
- Graduate PLUS loan (7.9%). The Graduate PLUS loan borrowing limit is UTD’s Cost of Attendance budget, minus other scholarships, grants and loans. This budget can be found at Financial Aid Office.
- Once admitted (nothing is done or sent by UTD’s Office of Financial Aid until you are admitted into our program). UTD’s Financial Aid office first sends out letters beginning in April, and continues on a rolling basis for applications submitted later. The Office of Financial Aid sends continuing students their financial aid offer beginning in June. They will check to see if you are maintaining a 3.0 GPA average and complete at least 2/3 of the classes you attempt. Academic progress standards for financial aid eligibility can be found at Financial Aid Office.
The difference between the unsubsidized and subsidized loans is that the government pays the interest owed during the loan period. Please visit Financial Aid Office for more information.
To be eligible for federal student loans you must be registered as at least a half-time student. For graduate students this is considered to be 5 credit hours per semester long term and 3 hours in summer.
