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Financial Aid News
- 2009 Summer Financial Aid Information and Application now Available!
- Time to File Your Free Application for Federal Student Aid (FAFSA) for 2009-2010!
- Get Your Refund Direct Deposited!
- Scholarship Application for 2009-2010
- Federal Stafford Undergraduate Loan Limits
2009 Summer Financial Aid Information and Application now Available!
Summer Financial Aid is available for students that meet certain eligibility criteria and complete the 2009 Summer Financial Aid Application. Details about Summer 2009 financial aid eligibility and the Summer financial aid process can be found on our Summer Aid page.
Time to File Your Free Application for Federal Student Aid (FAFSA) for 2009-2010!
The 2009-2010 Free Application for Federal Student Aid (FAFSA) is available on the web at www.fafsa.ed.gov. The application should be filed as soon as possible after January 1st. Remember, only applications received by the federal processor before March 1st (Mason's priority filing date) will receive priority consideration for all available funds.
- You can file your Free Application for Federal Student Aid (FAFSA) through the web. All it takes is access to the web through Netscape Navigator or Internet Explorer and a PIN number from the Department of Education. If you do not already have a Department of Education PIN, one may be obtained from the Department of Education's PIN web site. (Note: Parents and students must obtain separate PIN numbers.) To access the online FAFSA filing process, just link on over to FAFSA on the Web.
- If you received your PIN from the Department of Education for your 2009-2010 Renewal FAFSA, you can complete your renewal online.
Get Your Refund Direct Deposited!
"Interested in having your refund direct deposited? If so, go to
http://studentaccounts.gmu.edu then go to the forms section and download the
authorization form. You may also access the form here.
Scholarship Application for 2009-2010 now available!
Please click here to view and print the 2009-2010 Scholarship Application. Please
follow all instructions on the application. The deadline is Friday, May 8, 2009.
Federal Stafford Undergraduate Loan Limits
A recent change in federal loan legislation has increased the Federal Unsubsidized Stafford Loan borrowing limits for undergraduate students. Effective July 1, 2008, you may be eligible to increase your existing Federal Stafford Loan up to an additional $2000 through the unsubsidized Stafford loan to your existing financial aid award.
The following charts identify the new loan limits as of July 1, 2008:
Dependent Students
Except Students Whose Parents Cannot Borrow a PLUS Loan)
Class Standing |
Base Amount |
Additional Unsubsidized |
Total |
Aggregate Limit |
Freshman |
$3,500 |
$2,000 |
$5,500 |
$31,000 with a maximum $23,000 in sub Stafford |
Sophomore |
$4,500 |
$2,000 |
$6,500 |
|
Junior |
$5,500 |
$2,000 |
$7,500 |
|
Senior |
$5,500 |
$2,000 |
$7,500 |
Independent Undergraduate Students
& Dependent Students Whose Parents Cannot Borrow a PLUS Loan
Class Standing |
Base Amount |
Additional Unsubsidized |
Total |
Aggregate Limit |
Freshman |
$3,500 |
$6,000 |
$9,500 |
$57,500 with a maximum $23,000 in sub Stafford |
Sophomore |
$4,500 |
$6,000 |
$10,500 |
|
Junior |
$5,500 |
$7,000 |
$12,500 |
|
Senior |
$5,500 |
$7,000 |
$12,500 |