Federal Direct Loans for Graduates

Federal Direct Loans

Federal Direct Loans are available to all eligible graduate and professional students who complete a Free Application for Federal Student Aid (FAFSA). We will offer an eligible student the amount of Federal Direct Loan that they are eligible for when we prepare their Financial Aid Award. You may be directed to accept or decline your loan eligibility on the AMOS Financial Aid Portal.

Unsubsidized Federal Direct Loans

All graduate and professional students awarded Federal Direct Loans will find that they are only eligible for Unsubsidized Loan, regardless of financial need. An Unsubsidized Federal Direct Loan will accrue interest beginning at disbursement. Interest may be paid or deferred until the loan goes into repayment.

Rates & Fees

For 2025-2026:

  • Fixed interest rate of will be set in June 2025
  • Origination fee will be set in February 2025

For 2024-2025:

  • Fixed interest rate of 8.08% (for loans disbursed July 1, 2024 to June 30, 2025)
  • Origination fee of 1.057% (for loans disbursed on or after October 1, 2024 and before October 1, 2025)

Loan Limits

All graduate and professional students are considered independent and therefore are eligible for $20,500 Direct Unsubsidized Loan annually. The student needs to be registered at least half-time (6 credits or more) to be eligible. Graduate students may borrow a maximum of $138,500. For more information, visit studentaid.gov

Accepting Your Federal Direct Loans

For First Time Loan Borrowers at Moravian

First time borrowers at Moravian must complete Entrance Counseling and the Master Promissory Note (MPN) at studentaid.gov. You will need to know your student FSA ID to log into this site.

To complete your Entrance Counseling:

To complete your MPN:

Miscellaneous Information

  1. The standard 10-year repayment period begins 6 months after graduation or the student ceases to be enrolled at least half-time. Operations for income based and more flexible payment plans are also available at http://studentaid.ed.gov/sa/repay-loans.
  2. Any student is able to view their loan history by logging on to studentaid.gov.
  3. Students are not required to borrow Federal Direct Loans, or required to borrow the maximum amount of loan offered. If you wish to decline or reduce your Federal Direct Loan eligibility, email us at finaid@moravian.edu