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Mailing Address: Office of Student Financial Services The University of Alabama in Huntsville |
Student loan forms and information
If this is your first time borrowing student loans at UAH, click here
If you have had prior student loans at UAH, click here to accept this year’s loan.
| 2009-2010 Loan change/Request Forms Steps for Loan acceptance 2009-2010 Loan Change Form 2009-2010 Parent Plus Loan Application |
Loan Counseling Entrance Counseling Exit Counseling |
| Promissory Notes Promissory Note for Student Loans Promissory Note for Parent PLUS Loans |
Deferment/Consolidation/Important Info Deferment Form Consolidation Info. Important Loan Info. |
***Although it is sometimes necessary to borrow money to finance an education, caution is advised. Generally, a student should not rely primarily on loans and is advised not to borrow more than what is needed to meet expenses. ***
Federal Direct Subsidized Loans:
Low interest loans for undergraduate and graduate students, with maximum loans limits per year as follows:• $3,500 for first undergraduates
• $4,500 for second year undergraduates
• $5,500 for third and fourth year undergraduates
• $8,500 for graduate and professional school students
Federal Direct Unsubsidized Loans:
• $2,000 for first and second year dependent undergraduates• $2,000 for third and fourth year dependent undergraduates
• $6,000 for first and second year independent undergraduates
• $7,000 for third and fourth year independent undergraduates
• $12,000 for graduate and professional students
Cumulative Loan Limits (Subsidized/Unsubsidized):
• Dependent undergraduates $31,000• Independent undergraduates $57,500
• Graduate and professional $138,500
Repayment begins six months after graduation or when the student drops below half-time attendance.
The interest on the subsidized loans is paid by the federal government while the student is in school.
The interest on the unsubsidized loans will start accruing immediately as the loan is disbursed.
The amount a student may borrow is limited to financial eligbility. Also, Stafford loans will be subject to a 3% origination fee.
Interest rates are variable up to 8.25% maximum.
Total indebtedness cannot exceed $31,000 for a dependent undergraduate, $57,500 for a independant, or $138,500 as a graduate or professional student
Federal Plus Loan:
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Federal PLUS Loans are for parents to assist with payment of education expenses for sons and daughters. These loans provide additional funds for education expenses and are not need-based. Funds are provided by the Dept. of Education. Each year parents may borrow up to the cost of education less financial aid (provided that the student has submitted the current academic year's FAFSA). Repayment for PLUS Loans will begin 60 days after the last disbursement.
- Click Here for 2008-2009 PLUS Loan Application
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