Graduate Student Loans

Many of our students find loans to be an important tool to help finance their education at Lewis & Clark. We recommend that students budget carefully and borrow conservatively.

Securing Your Loan Funding

Federal Direct Unsubsidized Loans

  • 6.54% fixed interest rate for loans disbursed between July 1, 2022 and June 30, 2023.
  • Unsubsidized: interest starts accruing immediately after the loan is posted to the student’s account.
  • Not need-based; $20,500 annual borrowing limit.
  • Learn more about Federal Direct Unsubsidized Loans.

Federal Direct PLUS Loans for Graduate Students

  • 7.54% fixed interest rate for loans disbursed between July 1, 2022, and June 30, 2023.
  • Unsubsidized: interest starts accruing immediately after the loan is posted to the student’s account..
  • Not need-based; may borrow up to Cost of Attendance minus all other financial aid.
  • Learn more about Federal Direct PLUS Loans for Graduate Students.

Private Loans

  • Interest rate: variable, depends on borrower’s credit.
  • Unsubsidized: interest starts accruing upon disbursement.
  • Not need-based; may borrow up to Cost of Attendance minus all other financial aid.
  • Learn more about Private Loans.

Loan Repayment

  • Exit counseling and packets
  • What if you can’t pay your student loan bills?
  • Strategic repayment
  • Consolidation
  • Loan forgiveness programs
  • Learn more about Repayment Options.