Loan Programs and Payment Plan

Loan Programs

Federal Subsidized Stafford Loans are awarded to undergraduate and graduate students who have demonstrated financial need.  These subsidized loans have an annual variable interest rate capped at 8.25%.  The Federal government will pay the interest on the loan and the student will not need to begin repaying it as long as he/she is enrolled at least half-time.  Repayment begins six months after a student drops below half time enrollment, withdraws, or graduates.  The maximum subsidized loan amount is $8,500 for each year of graduate study and $5,500 for each year of undergraduate study. 

Federal Unsubsidized Stafford Loans are awarded to undergraduate and graduate students without regard to financial need.  These loans have an annual variable interest rate capped at 8.25%.  The interest on the loan is defferred and no payment is due as long as the student is enrolled at least half-time. However, the interest is added onto the principal balance of the loan and the student is ultimately responsible for the interest payment.   Repayment on the loan and accrued interest begins six months after you drop below half time enrollment, withdraw, or graduate.  The maximum unsubsidized loan is $18,500 for each year of graduate study and $10,500 for each year of undergraduate study.

Federal Perkins Loans and Nursing Student Loans are awarded to undergraduate and graduate students who demonstrate exceptional financial need.  These loans carry a fixed 5% interest rate.  While in school at least half time, no interest accrues on the loan and no payments are due.  Repayment begins nine months after you drop below half time enrollment, withdraw, or graduate.

Georgia Service-Cancelable Loans are awarded to graduate and undergraduate students who are Georgia residents and are pursuing a degree in nursing.  Recipients of service-cancelable loans may be eligible to cancel all or part of their loans by practicing their professions in approved locations within Georgia. The length of time required to repay these loans is based on the amount borrowed each academic year, with a maximum of one year of service for each academic year loan.

Health and Human Services Nurse Faculty Loan Program

Health and Human Services Nurse Faculty Loan Program will provide funding for graduate students enrolled full-time who agree to serve as faculty in a school of nursing upon graduation.  Following graduation, borrowers receive up to 85% loan cancellation for completing their obligation to serve as faculty at a school of nursing. Applications can be obtained from the Office of Admission and Student Services.

Georgia Nurse Faculty Loan Program

Georgia Nurse Faculty Loan Program was established to provide financial assistance to nursing students seeking an advanced degree that will enable the loan recipient to be employed as Nursing faculty in the state of Georgia.  Eligible applicants must be a registered nurse and fully admitted into the Master's Degree, Doctoral Degree or Post Master's Certificate program.  Loans are awarded on a first come first completed basis until the funds are depleted.  For additional information and application contact Office of Admission and Student Services.

Emory University Payment Plan

The Emory University Payment Plan (EPP) is available to students who wish to defer part of their current term’s institutional charges over the course of the semester.  The EPP allows a student to register by paying one-fourth of their fees less any financial aid that is directly credited against the student’s tuition account.  The Office of the Bursar bills students once a month for the remaining quarterly installments.  The EPP is interest-free and carries a $30 administrative fee per semester that is added to the student’s initial payment at registration.  Applications for EPP are available through Student Financial Services.

Student Financial Services
101 Boisfeuillet Jones Center
Atlanta, GA 30322-1630
Phone: 404.727.6095
FAX: 404.727.4391
bursar-bills@bursar.emory.edu