Federal Subsidized Stafford Loan (formerly Guaranteed Student Loan): This need-based program enables students to borrow from a local lending institution, such as a bank or credit union. The loan is insured by the federal government, and the federal government pays the interest while the borrower is enrolled in school at least half-time, during a grace period, and during authorized periods of deferment. Interest will begin to accrue from the beginning of the repayment period. All students that accept the Federal Subsidized Stafford Loan must complete an online entrance interview and Master Promissory Note (MPN) after June 1. Visit KHEAA to complete the forms.

Federal Unsubsidized Stafford Loan: This is a non-need-based Stafford Loan. The student is responsible for the interest during in-school and deferment periods.  All students that accept the Unsubsidized Stafford Loan must complete an online entrance interview and Master Promissory Note (MPN) after June 1. Visit KHEAA to complete the forms.

If you're a graduate or professional degree student, each year you can borrow up to $20,500. No more than $8,500 of this amount may be in subsidized loans.

When you graduate with a graduate or professional degree, the maximum total debt allowed from Stafford Loans is $138,500. No more than $65,500 of this amount may be in subsidized loans. This maximum total graduate debt limit includes Stafford Loans received for undergraduate study. Because you can't borrow more than your cost of attendance, you may receive less than the annual maximum amounts.

Feel free to contact the Office of Student Financial Services at (270) 384-8022 if you have questions.