MBOE students are eligible to apply for unsubsidized and Graduate PLUS loans.The loan types are:
Federal Direct Stafford Loan - Unsubsidized
A cost-based loan in which interest accrues while in school.The maximum loan per academic year is $20,500. ( MBOE spans two academic years, so you may borrow up to $41,000)
Financial aid at Ohio State is based upon an academic year. The MBOE program spans two academic years. The first academic year includes Spring Semester. The second academic year is Summer and Autumn Semesters. Because of this MBOE students are eligible to apply for a total of $41,000 in unsubsidized loans. The remaining balance of MBOE tuition can also be obtained through financial aid in the form of Graduate Plus Loans.
You cannot apply for financial aid until you are an admitted student at Ohio State. At that time you begin the process by completing a Free Application for Federal Student Aid (FAFSA). This information is then sent to Ohio State’s Student Financial Aid Office where they can determine your eligibility and provide you with an Award Letter which states the amount of loans you are eligible to receive.
Complete information about student financial aid can be found on the web site of Office of Student Financial Aid.