/ Offices/ Financial Aid/Graduate Students/Determining Eligibility/Graduate Student Loans

Graduate Student Loans

Many of our students find loans to be an important tool to help finance their education at Lewis & Clark. We recommend that students budget carefully and borrow conservatively.

Securing Your Loan Funding

Federal Direct Unsubsidized Loans

8.08% fixed interest rate for loans disbursed between July 1, 2024 and June 30, 2025.
Unsubsidized: interest starts accruing immediately after the loan is posted to the student’s account.
Not need-based; $20,500 annual borrowing limit.
Learn more about Federal Direct Unsubsidized Loans.

Federal Direct PLUS Loans for Graduate Students

9.08% fixed interest rate for loans disbursed between July 1, 2024, and June 30, 2025.
Unsubsidized: interest starts accruing immediately after the loan is posted to the student’s account..
Not need-based; may borrow up to Cost of Attendance minus all other financial aid.
Learn more about Federal Direct PLUS Loans for Graduate Students.

Private Loans

Interest rate: variable, depends on borrower’s credit.
Unsubsidized: interest starts accruing upon disbursement.
Not need-based; may borrow up to Cost of Attendance minus all other financial aid.
Learn more about Private Loans.

Loan Repayment

Exit counseling and packets
What if you can’t pay your student loan bills?
Strategic repayment
Consolidation
Loan forgiveness programs
Learn more about Repayment Options.

Loan Forgiveness Programs

Other Helpful Links