How to Apply for Financial Aid – Graduate Students
Students accepted to Nebraska Wesleyan who wish to apply for financial aid must complete the following steps:
- Be accepted and enrolled in your program of choice
- Complete the Free Application for Federal Student Aid (FAFSA), listing Nebraska Wesleyan University, School Code 002555, as a recipient.
- Complete the Financial Aid Information Form.
Scholarships and Loans
Scholarship opportunities available through outside resources for Nebraska Wesleyan students are listed here.
Federal Direct Loans
Direct Loans, from the William D. Ford Federal Direct Loan Program, are low-interest loans for eligible students to help cover the cost of higher education at a four-year college or university, community college, or trade, career, or technical school. Eligible students borrow directly from the U.S. Department of Education.
Graduate students may receive Federal Direct Unsubsidized Loan. You are not required to demonstrate financial need to receive an unsubsidized loan. Nebraska Wesleyn’s Fiancial Aid Office will determine the amount you can borrow. Interest accrues on an unsubsidized loan from the time it’s first disbursed. You may pay the interest while you are in school and during grace periods and deferment or forbearance periods, or you can allow it to accrue and be capitalized and added to the principal of your loan. For information about the current interest rate click here. The Department of Education charges a small fee to originate the loan.