Undergraduate students
| Federal Direct Subsidized Undergraduate Stafford Loan | Federal Direct Unsubsidized Undergraduate Stafford Loan | Federal Direct Parent PLUS Loan* | Nursing Student Loan (NSL) | |
| Lender | Federal government | Federal government | Federal government | UW |
| Interest Rate | 6.53% – loans disbursed between 7/1/2024 – 6/30/2025 ———-
5.50% – loans disbursed between 7/1/2023 – 6/30/2024 4.99% – loans disbursed between 7/1/2022 – 6/30/2023 |
6.53% – loans disbursed between 7/1/2024 – 6/30/2025 ———-
5.50% – loans disbursed between 7/1/2023 – 6/30/2024 4.99% – loans disbursed between 7/1/2022 – 6/30/2023 |
9.08% – loans disbursed between 7/1/2024 – 6/30/2025 ———- 8.05% – loans disbursed between 7/1/2023 – 6/30/2024 7.54% – loans disbursed between 7/1/2022 – 6/30/2023 |
5% |
| Interest-free in school? | Yes | No | No | Yes |
| Loan fees | 1.057% – loans disbursed between 10/1/2024 – 9/30/2025 ———-
1.057% – loans disbursed between 10/1/2023 – 9/30/2024
1.057% – loans disbursed between 10/1/2022 – 9/30/2023 |
1.057% – loans disbursed between 10/1/2024 – 9/30/2025
———-
1.057% – loans disbursed between 10/1/2023 – 9/30/2024
1.057% – loans disbursed between 10/1/2022 – 9/30/2023 |
4.228% – loans disbursed between 10/1/2024 – 9/30/2025 ———-
4.228% – loans disbursed between 10/1/2023 – 9/30/2024
|
none |
| Annual maximums | $3,500/freshmen $4,500/sophomores $5,500/juniors & seniors |
Dependent Students – $2,000 ** Independent Students – $6,000 / freshmen & sophomores $7,000 / juniors & seniors ** |
Cost of attendance minus other aid | $3,300/first two years in program $5,200/last two years in program |
| Cumulative maximums | $23,000 undergrad | $31,000/dependent undergrad *** $57,500/independent undergrad *** |
N/A | $17,000 |
| Grace period | 6 months | 6 months | N/A | 9 months |
| Repayment period | to 10 years | to 10 years | to 10 years | to 10 years |
| Minimum payments | $50/month | $50/month | $50/month | $40/month |
| Other information | Additional repayment options beyond the 10 years may be available. | Additional repayment options beyond the 10 years may be available. | For parents of undergraduate students, not based on financial need. Repayment begins 60 days after last disbursement. Payment of principal can be delayed while student is in school. Additional repayment options beyond 10 years may be available.
*Subject to credit approval. A credit check will be run. |
For undergraduate nursing students. |
Graduate and professional students
| Federal Direct Unsubsidized Graduate Stafford Loan | Federal Direct Graduate PLUS (GPLUS)* | Health Professions Loan (HPL) | Nursing Student Loan (NSL) | |
| Lender | Federal government | Federal government | UW | UW |
| Interest Rate | 8.08% – loans disbursed between 7/1/2024 – 6/30/2025 ———-
7.05% – loans disbursed between 7/1/2023 – 6/30/2024 6.54% – loans disbursed between 7/1/2022 – 6/30/2023 |
9.08% – loans disbursed between 7/1/2024 – 6/30/2025 ———-
8.05% – loans disbursed between 7/1/2023 – 6/30/2024 7.54% – loans disbursed between 7/1/2022 – 6/30/2023 |
5% | 5% |
| Interest-free in school? | No | No | Yes | Yes |
| Loan fees | 1.057% – loans disbursed between 10/1/2024 – 9/30/2025 ———-
1.057% – loans disbursed between 10/1/2023 – 9/30/2024 1.057% – loans disbursed between 10/1/2022 – 9/30/2023
|
4.228% – loans disbursed between 10/1/2024 – 9/30/2025 ———
4.228% – loans disbursed between 10/1/2023 – 9/30/2024 4.228% – loans disbursed between 10/1/2022 – 9/30/2023 |
None | None |
| Annual maximums | $20,500/grad & prof 1 | Cost of attendance minus aid | $2,500 plus tuition | $5,200 grad |
| Cumulative maximums | $138,500 undergrad & grad combined | N/A | N/A | $17,000 |
| Grace period | 6 months | N/A | 12 months | 9 months |
| Repayment period | to 10 years | to 10 years | to 10 years | to 10 years |
| Minimum payments | $50/month | $50/month | $40/month | $40/month |
| Other information | Additional repayment options beyond the 10 years may be available. | For graduate and professional students. Repayment of principal can be deferred when enrolled at least half time.
*Subject to credit approval. A credit check will be run. |
For students in Medicine, Dentistry, and Pharmacy. Parents’ financial information required regardless of status | For undergraduate and graduate nursing students. |
** May be increased by amount of unused portion of Subsidized Stafford/Ford Loan eligibility. Dependent students may receive up to the Subsidized Stafford/Ford annual maximums in any combination of subsidized and unsubsidized loans and an additional $2000 in Unsubsidized Stafford Loan, with a possible increase if their parents have been denied the Parent Loan (PLUS).
*** Aggregate loan amount includes Subsidized Stafford/Ford Loans.