Loans with a first disbursement on or after 7/1/2025 and before 7/1/2026
Federal Unsubsidized Direct Loan
For the most up to date information please visit .
- Interest Rate: 7.94% fixed during in-school, grace, and deferment periods
- Origination/ Guarantee Fees:聽1.057% (e.g. if $1000 is borrowed, $990 will be applied to the student’s Augsburg account)
- Annual Loan Limits:聽$20,500
- Cumulative Loan Limits:聽$138,500 (of which, no more than $65,500 can be subsidized)
- Grace Period:聽6 Months
- Repayment Terms:聽Standard repayment is 10 years following grace period, though other repayment options may be available
- 顿别蹿别谤尘别苍迟听翱辫迟颈辞苍蝉:聽Continued education, disability, and unemployment. Contact your lender for other options.
Federal Graduate PLUS Loan
For the most up to date information please visit .
- Interest Rate: 8.94% fixed during in-school, grace, and deferment periods.
- Origination/ Guarantee Fees:聽4.228% (e.g. if $1000 is borrowed, $958 will be applied to the student’s Augsburg account)
- Annual Loan Limits:聽Cost of education less other aid received.
- Cumulative Loan Limits:聽No Cap
- Grace Period:聽No grace period, but parents can request the loan to enter forbearance through the lender.
- Repayment Terms:聽Repayment begins within 60 days after final disbursement of loan funds. Up to 10 Years. See Grace Period information.
- 顿别蹿别谤尘别苍迟听翱辫迟颈辞苍蝉:聽Contact lender for deferment or forbearance options.
Private/Alternative Loans
- Interest Rate:聽Variable, based on credit + PRIME or LIBOR.
- Origination/ Guarantee Fees:聽Varies by lender.
- Annual Loan Limits:聽Cost of education less other aid received.
- Cumulative Loan Limits:聽Varies by lender.
- Grace Period:聽Varies by lender.
- Repayment Terms:聽Varies by lender.
- 顿别蹿别谤尘别苍迟听翱辫迟颈辞苍蝉:聽Varies by lender.