Low-interest, deferred-repayment graduate loans are generally available to U.S. citizens and permanent residents.

International students may be eligible for private alternative loans.

Federal Loans

To apply for a Federal Stafford Loan, complete your online Free Application for Federal Student Aid (FAFSA) and submit the Graduate Financial Aid Application (PDF).

Alternative Student Loan Programs

These non-federal loans are secured through private lending institutions.

Typically in such programs, the student is considered the primary borrower, with a credit worthy co-signer. Interest rates are variable, depending on the borrower(s) credit rating. In addition, the lender will look to other factors such as income and current outstanding debt. Repayment begins after disbursement, and the borrower may have up to 20 years to repay. Payment may be postponed while the student is in school at least half time. The borrower chooses the lender, submitting the application through that lender. The lender will communicate with Rensselaer and we in turn will notify the lender of the amount you are eligible to borrow.

We do have some preferred lenders, selected because of their popularity with our students, commitment to customer service, competitive interest rates, and interactive websites.

Please visit www.elmselect.com for additional information.

Additional Aid and Information

Free Application for Federal Student Aid (FAFSA)

When you apply for aid via the FAFSA, you are automatically considered for aid from all available sources, including scholarships and grants, so you will not have to fill out multiple forms.

Graduate Financial Aid Application (PDF)

Graduate students seeking federal assistance must complete the 2012-13 Graduate Financial Aid Application.

Rensselaer’s Office of Financial Aid