Miami University realizes that managing
the cost of education is a challenge for most families.
In addition to grants, scholarships, and federal work-study
funds that may be awarded to students, several loan
options are available.
Most students who file the Free Application for Federal
Student Aid (FAFSA) will be awarded a Federal Direct
Student Loan. A Federal Direct PLUS Loan is also available
to parents of dependent students. A Federal Direct Graduate
PLUS loan is available to graduate students who have
exhausted their eligibility for Federal Direct Student
loans. Click to obtain current Federal Direct loan interest
rates. Private loans are another option for students.
The dollar amount of these loans may be based on federal
limits, year in school, dependency status, cost of attendance,
and other financial aid received.