Rutgers University participates in the William D. Ford Federal Direct Loan Program. Students borrow directly from the federal government
for Stafford loans. No separate application from a bank or other lender is needed to receive a Stafford loan at Rutgers. Your
FAFSA is your federal Stafford loan application.
The chart below lists the maximum annual amount a student may borrow in the federal Stafford loan program. If additional funding
resources are needed to cover educational expenses, review your private loan options. Should you choose a private loan to supplement your
financial aid, apply early (now) to ensure the timely processing of your private loan application.
CLASS LEVEL
DEPENDENT
INDEPENDENT
Freshman
$ 3,500
$ 7,500
Sophomore
4,500
8,500
Junior
5,500
10,500
Senior
5,500
10,500
Graduate
20,500
You may estimate the amount needed from private loan resources using the
tuition calculator. Rutgers will certify the amount you are
eligible to borrow from private resources once your financial aid package has been constructed.
Please check Required Documents and your Award Status
to facilitate the processing of private loan applications.
Calendar
Jun 1: State aid filing deadline (renewal)
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Page last updated on:
Wednesday, May 07, 2008 11:29:37 AM
