GSAS students who are US citizens or permanent residents may borrow under the Ford Federal Direct Loan Programs. The difference lies in simpler processes for the borrower and educational institution and customer service provided by the US Department of Education. Federal Perkins Loans are available to those who demonstrate the greatest financial need. The maximum loan varies according to need and is generally disbursed in two equal installments. Up to the cost of education less other financial aid received may be borrowed with an eligible coborrower.
Borrowing is based on future earning potential, rather than on current income or credit worthiness.
Annual loans may not exceed the cost of education less other financial aid. The FWSP Program is a federally funded program which provides eligible students with employment opportunities in public and private nonprofit organizations. Applicants with the greatest financial need are given preference. Work-study placements are approved through the Office of Admissions and Financial Aid.