Graduate Student Lender Lists
Financing Your Graduate Education
Welcome!
We are pleased to offer graduate students a variety of ways to finance their education while in attendance at the University of Maryland. There are Federal Stafford need- and non-need based loans, Graduate PLUS Loans, and payment plans.
Federal Stafford Loans
Graduate students who qualify for federal loans may borrow up to $20,500 every academic year. All federal loan programs require the FAFSA be filed before eligibility can be determined. To be eligible for federal need and non-need based loans, graduate students must be:
- A U.S. citizen or permanent resident
- Enrolled in a degree-granting academic program
- Enrolled at least half-time per semester
For additional information and annual and lifetime limits, see http://www.financialaid.umd.edu/osfa/Staffordlimits.html.
Eligibility Requirements...federal loans must be re-paid. Repayment will begin six months after graduation or after dropping below half-time status. The federal interest rate is 6.8%.
Graduate PLUS Loans:
Those students who need more than $20,500 in any one academic year, may borrow through the Grad PLUS Loan program to help cover any remaining educational expenses. The amount you may borrow is up to the cost of education minus other aid. You may use any lender of your choice. If you need suggestions, please see our preferred lender list below.
Payment Plans
Information about payment plans is available from the Office of the Bursar at www.umd.edu/bursar.
If you have any further questions, please contact our office at 301-314-9000 or visit us at 1135 Lee Building.
| Lender
Name |
Lender
Code |
Customer
Service # |
 |
802218 | 1-888-272-5543 |
 |
803000 | 1-800-999-9080 |
 |
826878 | 1-800-999-9080 |
GRAD PLUS Loan
| Lender
Name |
Lender
Code |
Customer
Service # |
|
802218 | 1-888-272-5543 |
 |
803000 | 1-800-999-9080 |
|
826878 | 1-800-967-2400 |
Not sure who your lender is? Search for your lender here.
