Federal Direct Loans

The primary loan source for students is the Federal Direct Loan program.

Federal Direct Unsubsidized Loan

  • Annual limit $40,500 – $47,167
  • Repayment begins six months after graduation, withdrawal or if you drop below half time enrollment
  • Fixed rates
  • Origination fees may be deducted from your loan prior to each disbursement
  • Not based on financial need
  • Cumulative debt cannot exceed $224,000

Federal Graduate PLUS Loan

  • Cost of attendance less any financial received in an academic year
  • The student should utilize all Federal Direct Unsubsidized loan funding first
  • Credit-based loan – no adverse credit history
  • May require a cosigner
  • Fixed rates
  • Not based on financial need

The amount a student is eligible to borrow is based on criteria defined by the U.S. Department of Education, the KYCO cost of attendance and the student’s level of federal loan indebtedness.

To apply, click https://studentaid.gov/plus-app/grad/landing

If Approved, you will need to complete a PLUS MPN at https://studentaid.gov/mpn/grad/landing

Private Student Loans

Click here to review our alternative loan options

The University of Pikeville does not rank or recommend any lender.

Military Scholarship Information

U.S. Army Medical Department The F. Edward Hébert Armed Forces Health Professions Scholarship Program (HPSP) is offered by the U.S. Army and one of the most generous and comprehensive scholarships available in health care today.If you want to become a physician, dentist, veterinarian, optometrist, clinical or counseling psychologist, family nurse practitioner, psychiatric nurse practitioner or certified registered nurse anesthetist and qualify, you could earn a full-tuition scholarship, plus a monthly stipend of more than $2,000, and in some cases, a sign-on bonus of $20,000.If you are planning a career in health care or are currently enrolled in a graduate health care program, it pays to look into the Army’s HPSP–now more than ever before. It provides benefits while you’re in school and benefits after you graduate.For more information, contact the U.S. Army Health Care Recruiting Center at (410) 660-9931 or e-mail usarmy.knox.usarec.list.9a1b@army.mil. You can also visit U.S. Army Health Care Recruiting