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Graduate Financial Aid
There are two primary sources of financial aid available to you as a graduate
student in CMU’s Global Campus: Federal Direct Subsidized Loans and
Federal Direct Unsubsidized Loans.
A subsidized loan is awarded based on need. If you qualify for a subsidized
loan, the Federal government pays the interest on the loan until you begin
repayment and during authorized periods of deferment.
An unsubsidized loan is a non-need based Federal loan. If you qualify for an
unsubsidized loan, you must pay the interest quarterly while you are in school,
or capitalize the interest.
Determining your eligibility
You must be an admitted, degree-seeking student in order to receive financial
aid. Also, you cannot be in default on a previous federal student loan. Each
financial situation is unique. The information you provide on your financial aid
forms (e.g., FAFSA) will determine the amount of loan assistance for which you
See Financial Aid