Federal Assistance
To receive federal student aid, a student’s financial need must be established by completing a Free Application for Federal Student Aid (FAFSA). This form may be completed online at www.studentaid.gov. Contact the Piedmont University Financial Aid Office at (706) 776-0114 with questions. For technical help when applying online, call the Federal Aid Help Line at 1-800-4-FEDAID. For Piedmont University to receive a copy of the FAFSA report, the student must add Piedmont University’s federal aid school code 001588 to the application.
Piedmont University participates in the Federal Direct Student Loan program through the U.S. Department of Education. Graduate students are considered independent for the purposes of federal financial aid. Loan funds are credited to the student’s account at Piedmont University. Interest rates are variable. Half-time enrollment is required for receiving student loans. Repayment begins after the student is no longer enrolled at least halftime or graduates. Students would be required to complete direct loan entrance counseling, and a master promissory note before a federal student loan would disburse to the school. When enrollment ceases or drops below half-time, the student would also be required to complete direct loan exit counseling. For more information, visit www.studentaid.ed.gov.
Federal Assistance
Federal Direct Unsubsidized Loan Program
Graduate students may borrow unsubsidized student loans. Unsubsidized loans have interest that accrues while a student is in school. The loan amount available is based on the student’s classification and other eligible aid received.
Federal Graduate PLUS Loan
Students pursuing a graduate degree may qualify to borrow funds through the Graduate PLUS Loan program. A Free Application for Federal Student Aid (FAFSA) must be filed prior to applying for Graduate PLUS in order to first determine eligibility for the Unsubsidized Federal Direct Loan. All Graduate PLUS applicants must undergo a credit check and be approved to borrow funds. The maximum amount an approved graduate student may borrow is the student’s cost of attendance, as determined by the Financial Aid Office, minus any other financial aid the student is expected to receive.