Masters of Science in Finance Program

Thank you for considering Purdue University’s Masters of Science in Finance program.

The Purdue University Division of Financial Aid can assist you in obtaining student loan funding. If you are degree seeking and meet financial aid citizenship requirements, you may be eligible for the Stafford Loan and/or Graduate Plus Loan programs. International students with a U.S. citizen cosigner may be eligible for Alternative Loan options.

To be considered for the Stafford Loan and/or Graduate Plus Loan programs, you must complete both 08/09 (for Module 1) and the 09/10 (for Modules 2-5) of the Free Application for Federal Student Aid (FAFSA). Visit www.purdue.edu/dfa/all/applying.php for more information on how to apply. Our school code is 001825.

Loan disbursements are made in three disbursements; one for Module 1, one for Module 2 and 3, and one for Module 4 and 5. Loan proceeds will be disbursed to Purdue University who will apply them to any unpaid fees, and disburse the remaining funds to you.

Financial assistance may also be available private/alternative loan programs. A cosigner is required only if you have no credit, have an insufficient credit history, or is an international student. You can obtain more information about alternative loans at www.purdue.edu/dfa/loans/altloans.php.

You can borrow up to Purdue’s estimated cost of education, which includes allowances for fees and travel. Maximum loan amounts per module are as follows:

The estimated cost of education beginning Summer 2009 is:

	Summer 2009	1 Semester	Academic Year
Tuition and Fees1	$10000	$13000	$26000
Room and Board	$885	$4355	$8710
Books2	$360	$610	$1220
Travel3	$734 $1135 $3706	$1554 $2405 $7856	$3104 $4805 $15706
Miscellaneous	$190	$880	$1760
NOTES: 1Average tuition; 2Determined by Krannert; 3Thirteen domestic trips per semester based on standard budget per trip; 4Indiana residents; 5KY, IL, IA, MI, MO, OH, TN, WI, WV; 6All other states

It is recommended that loan requests be made at least one month prior to the beginning of the semester of enrollment, however, Stafford Loan and Graduate Plus Loan requests can be accepted anytime during the semester.

Please feel free to contact us should you have further questions.

For more information about the program, please visit www2.krannert.purdue.edu/