The loans described in this section are available only to students and to parents of dependent undergraduate students. The loans must be repaid, typically after the student graduates or ceases to be enrolled at least half time (6 credits as an undergraduate student; 3 credits as a graduate student).
The financial aid award letter generally lists the maximum amount the student may borrow for the academic year. Students may, however, reduce or reject the amount of any loan listed on their award letter. To do this:
Any revised loan amount will be distributed evenly across all the quarters the student will be enrolled and once the revision is made a revised award letter and/or email notification will be sent to the student.