2019-2020

Loan Limits Each Year

Graduate students must complete the Free Application for Federal Student Aid (FAFSA) and meet eligibility requirements.

For Returning Students:

There are no steps required to renew Federal Unsubsidized loans for students who received this type of loan at Notre Dame during the previous academic year.

New Students/First Time Borrowers at NDMU: 

Go to studentloans.gov and log in using your FSA ID, then:

          Step 1: Choose the option Complete Entrance Counseling.

          Step 2: Choose the option Complete Master Promissory Note (MPN).

 

Graduate and Pharmacy Students

TOTAL

Unsubsidized Loan

Graduate Students (pursuing Master's or Ph.D degree, CASE program)

$20,500

Health Professional Students- School of Pharmacy

$33,000

 

Graduate Plus Loan

To receive a Direct Grad PLUS Loan, students must:  

      • be a graduate or professional student enrolled at least half-time at an eligible school in a Program of Study leading to a graduate or professional degree or certificate, and
      • not have an adverse credit history.

To receive a Direct Graduate PLUS Loan, the student must complete the FAFSA and complete the Graduate PLUS application on studentloans.gov. The information provided by the student will be sent to Notre Dame of Maryland University by using ther school code 002065.

Before a student can receive a Direct PLUS Loan, they must complete a Direct PLUS Loan Master Promissory Note (Direct PLUS Loan MPN) which explains all of the terms and conditions of Direct PLUS Loans and constitutes a legally binding agreement to repay all Direct PLUS Loans received under the Direct PLUS Loan MPN. Students will have an opportunity to complete the Direct PLUS Loan MPN after they complete the Direct PLUS Loan Request.

Once the application and MPN are received by Notre Dame of Maryland University, the Office of Financial Aid will review and process the loan which can be used to cover up to a student’s full Cost of Attendance.