Financial Aid
Online Loans
The Master’s University & Seminary participates in the Federal Direct Loan Student Program (FDSLP) which began with the 2010-2011 school year. In this program, the federal government acts as the lender referred to as “Direct Loans,” and the Stafford Loans are serviced by familiar agencies such as Sallie Mae, Great Lakes, PHEAA, and Nelnet.
Loan eligibility varies from student to student. Please contact the Office of Financial Aid to determine individual eligibility: .
Federal Direct Stafford Loans
- Eligibility: Minimum Half-Time Student (6 units)
- Required Documents:
- FAFSA
- Entrance Counseling
- Master Promissory Note
- Interest Rate: 4.53%
- Origination Fee: 1.059%
| Grade Level |
Base Subsidized Stafford |
Dependent Unsubsidized Stafford |
Independent Unsubsidized Stafford |
| FR (0-29 units) |
$3,500 |
$2,000 |
$6,000 |
| SO (30-59 units) |
$4,500 |
$2,000 |
$6,000 |
| JR (60-89 units) |
$5,500 |
$2,000 |
$7,000 |
| SR (90+ units) |
$5,500 |
$2,000 |
$7,000 |
Direct Parent PLUS Loans
Direct Parent PLUS Loan The Federal Direct Parent PLUS Loan is available to parents of dependent undergraduate students. The student must be enrolled in at least six units and the loan is limited to the cost of attendance.
- Eligibility: Parents must be US citizens or eligible non-citizens with US address. Student must be half time.
- Required Documents:
- Interest Rate: 7.08%
- Origination Fee: 4.236%
- Amount: Up to cost of attendance
Graduate Unsubsidized Stafford Loans
- Eligibility: Minimum Half-Time Student (4 units)
- Required Documents:
- FAFSA
- Entrance Counseling
- Master Promissory Note
- Annual Limit: $20,500
- Interest Rate: 6.08% fixed
- Repayment: Six months after the student drops below half-time or graduates
Private Loans
For private loan information, please view our Private Lending Page
Post Graduation
Exit Loan Counseling: Prior to graduating or leaving college, borrowers are required to complete an exit counseling session. This online exit counseling session has been created to ensure you understand your rights and responsibilities as a Stafford Loan borrower. This session will take about 30-40 min. to complete.
Loan Servicer: Your Loan servicer can be found by logging into www.nslds.ed.gov Contact your servicer to review and schedule your repayment options.
