Fill out the Free Application for Federal Student Aid.
This is a low-interest loanA loan is a type of financial aid that must be repaid, with interest. The Federal Student Loan Program is a good method of financing the costs of your college education. These loans are better than most consumer loans because they have lower interest rates. The Federal Loans and Perkins Loans also provide a variety of deferment options and extended repayment terms. for both undergraduate and graduate students who have financial needThe difference between the COA and the EFC is the student's financial need - the gap between the cost of attending the school and the student's resources. The financial aid package is based on the amount of financial need. The process of determining a student's need is known as need analysis.. Your school is your lenderA lender is a financial institution that provides funds to the student or parent for an educational loan.. The loan is made with government funds.
Cumulative limits for undergraduate loans is $27,500.
Cumulative limits for undergraduate and graduate loans combined is $60,000.
Loan funds will not disburse (pay) until you have submitted all documentation requested by UNT, and your aid application is considered to be complete. You'll see a note on your myUNT "To Do List" if you need to complete more steps before the disbursement. If your file is complete, disbursements can be made as early as ten days prior to the first day of a fall or spring fee payment (August/January) period. However, disbursements can occur throughout an enrollment term upon completion of a file.
The interest rate is 5 percent (begins to accrue 9 months after the grace period ends).
LoanA loan is a type of financial aid that must be repaid, with interest. The Federal Student Loan Program is a good method of financing the costs of your college education. These loans are better than most consumer loans because they have lower interest rates. The Federal Loans and Perkins Loans also provide a variety of deferment options and extended repayment terms. funds must be repaid with interest. Repayment begins nine months after graduation or the last day of half-timeDuring each term, 6-8 credit hours is considered half-time for undergraduate students. For graduate students, 5 hours is considered half-time. enrollment. Interest begins at the time the loan is received. You'll repay UNT.
For more information regarding the Federal Perkins LoanFormerly the National Direct Student Loan Program, the Perkins Loan allows students to borrow up to $4,000/year for undergraduate school and $6,000/year for graduate school. The Perkins Loan has one of the lowest interest rates and is awarded to students with exceptional financial need. The student must have applied for a Pell Grant to be eligible. The interest on the Perkins Loan is subsidized while the student is in school. At UNT, graduate students are given first priority for Perkins funding. Program, please contact the Student Financial AidMoney provided to the student and the family to help them pay for the student's education. Major forms of financial aid include gift aid (grants and scholarships) and self help aid (loans and work). and Scholarships Office.
It takes up to 10 years to repay, depending on the amount owed.
Each Federal Perkins Loan borrower at the University of North Texas is required to complete Student Exit Counseling shortly before completing a degree, leaving UNT (i.e., withdrawing, graduation) or ceasing half-time enrollment.