Phd Student loans,Barry University Administers Federal Financial Aid Programs

Barry University Administers Federal Financial Aid Programs-Student Loans
A majority of students enrolled in Barry University School of Social Work receive some form of financial aid through federal financial aid programs (Federal Family Education Loan Program (FFELP)).

Low-interest loans for doctoral students who are registered for at least three credits are provided by private lenders such as banks, credit unions, and savings and loans associations. There are two types of FFELP loans for graduate and professional students:

The Subsidized Federal Stafford Loan is a need-based loan. The government assumes interest for this loan while the student is in school. For graduate and professional students, the annual limit is $8,500.

The Unsubsidized Federal Stafford Loan provides additional funds for educational expenses. This is a non-need based loan. Graduate and professional students can borrow up to $18,500 per year minus any funds received under the subsidized Stafford loan program. For additional loan information please call the University’s Office of Financial Aid at 305/899-3664 or 1/800/756-6000 extension 3664.

There are alternative loan programs for students who find the federal loans insufficient to meet their educational expenses. These loans are offered by private agencies and vary in interest rates and terms. The University’s Financial Aid Office maintains application for these loan programs.

To request information regarding loan based financial aid please contact the University’s Financial Aid Office at 305/899-3664 or 3670 or 1/800/756-6000 extension 3664 or 3670. The University’s Financial Aid Office will mail a complete financial aid application packet. This packet includes the Free Application for Federal Student Aid (FAFSA). Your completed FAFSA should be mailed to a federal processing agency. Within 4–6 weeks, you will receive a Student Aid Report (SAR) from the processing agency. For further information on the FAFSA and SAR.
Doctoral students seeking student loan information or other federal student aid programs should contact:
Barry University Office of Financial Aid
KELLY HOUSE
11300 NE 2nd Avenue
Miami Shores, FL 33161-6695
305-899-3664 or 1-800-756-6000 extension 3664.