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Graduate students in our Kinesiology and Exercise Science degree programs at the masters and graduate levels are eligible for low-interest Stafford Loans, which are unsubsidized. As of 2012-2013, graduate students are no longer eligible for unsubsidized loans. Under the terms of these loans, interest accrues at the time of the first disbursement of loan funds to Concordia University, though students may choose to defer payments per the terms of their loans (generally 6 months after the student graduates or ceases to be enrolled at least half time). Students may also choose to pay down the interest accrued while still in school.
Graduate students are eligible for Direct Graduate PLUS loans, which are federal loans that can help pay education expenses after maximizing their annual unsubsidized loan eligibility. Students who utilize these loans must have a strong credit history or a credit-worthy cosigner. The annual loan amount is generally limited to the cost of tuition for one year.Students must not have an adverse credit history to be approved for this loan. Graduate students may defer repayment of these loans, but there is no deferral of payment, and repayment begins immediately upon graduation, or when the student ceases to be enrolled at least half time. Interest rates are generally slightly higher than those of Stafford Loans, but may vary.