U.S. Citizens/permanent residents are eligible borrow through many different federal loan programs.

U.S. Citizens/permanent residents are eligible borrow through many different federal loan programs.

U.S. Federal Loan Products

Application and program information follows. Eligibility for several federal loan programs is dependant on Tufts University Student Financial Services.

As well as reading the information below, please make sure to go to the Tufts University scholar Financial Services site for complete system details and procedures.

Federal Direct Loans

  • Pupils may borrow as much as $20,500 per scholastic 12 months
  • Borrower needs to be A us resident or resident that is permanent
  • 6.08% fixed rate of interest for 2019-2020, decided by the government that is federal
  • Interest accrues through the right period of disbursement
  • A 1.062per cent loan origination cost shall be subtracted through the quantity lent
  • Standard payment is 10 years
  • Repayment begins half a year after graduation, or whenever pupils withdraw or fall significantly less than half-time status

GradPlus Loan