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Beginning with the 2010-11 academic year, Tuskegee University began participating in the William D. Ford  Federal Direct Loan Program thru the U. S. Department of Education.

Federal Perkins Loan (formerly NDSL) - The Perkins Loan is a federal campus-based student loan which may be offered to eligible students based on the availability of funds. Students must be enrolled at least half time to receive Perkins Loan funds. If a loan is offered in the student’s financial aid award package and if accepted students are required to complete entrance counseling if a new borrower and sign a Perkins promissory note. Returning awardees must complete other documents each semester if awarded an additional loan. Awarded students will be notified by TU e-mail regarding when they can begin the process of completing the requirements for the loan.

Federal Direct Plus Loan - Plus loans enable parents without adverse credit history to borrow to pay the educational expenses of each child who is a dependent undergraduate student enrolled at least half-time (six hours).  The maximum amount a parent may borrow per student is the cost of attendance less other financial aid.  Plus loans are available at Tuskegee University through the William D. Ford Direct Loan Program. Parents can complete a request for a Direct Plus Loan and initiate a credit check online.  The web site is  You must have a PIN (personal identification number) to sign in.  If you do not, please request one at The application can also be downloaded at 

Federal Direct Grad Plus Loan - This loan is for graduate or professional degree students.  The criteria is mainly the same as the parent Plus loan, but with some exceptions:  (a) student must complete the FAFSA and (b) eligibility must be determined under the William D. Ford Sub/Unsub Loan program before a grad plus is applied for. Students can complete a request for a Direct Plus Loan and initiate a credit check online, same as for the Plus Loan.

Federal Direct Subsidized Loan - an interest bearing, subsidized federally-insured loan to undergraduate and graduate students. Maximum loans are: $3500- freshmen, $4500-sophomores; $5500- juniors and seniors; and $8500-graduate and professional. The William D. Ford Direct Sub Loan is a need-based program which requires applicants to fulfill need analysis requirements.  The aggregate loan limit for undergraduates is $23,000 and for graduate/professionals it is $65,500.

Federal Direct Unsubsidized Loans - provide maximum loans of $4000 for the first 2 years, $5000 for the remaining 2 or 3 years for independent undergraduate; graduate and professional students may borrow $12,000 per year.  Both the subsidized and unsubsidized loan are available at Tuskegee University through the William D. Ford Direct Loan Program. Students in DVM Programs can borrow up to $32,000 per year.  The aggregate limit for undergraduate study is $32,500 and for graduate/professional study it is $73,000

Effective July 1, 2008, undergraduate students can apply (must submit an application) and receive an unsubsidized loan in the amount of $2,000 without the parent (s) applying for and being denied the PLUS loan.

Private Loans or Alternative Loans - are designed to assist students in covering the gap between the actual cost of your education and the limited amount the government allows you to borrow in its program.  Effective February 14, 2010, students will be required to complete the Private Education Loan Applicant Self-Certification Form. The form is available through the private/alternative lenders web site.  DO NOT SUBMIT THE SELF-CERTIFICATION FORM TO TUSKEGEE'S UNIVERSITY STUDENT FINANCIAL SERVICES OFFICE because we cannot complete the form for you.  You must complete, sign and send the form to your lender.  To check the status of your loan, you must check the lender's web site or contact them directly.

Federal Direct Federal Loans Information for the 2016 - 17 Academic Year

Fixed Interest Rates

Loan Type Graduate Undergraduate
Subsidized No longer available 3.76%
Unsubsidized 5.31% 3.76%
Grad Plus 6.31% Not eligible for loan
Parent PLUS 6.31%

Annual Loan Limits 



Subsidized Unsubsidized Total
Freshman $3,500 $2,000 $5,500
Sophomore $4,500 $2,000 $6,500
Junior/Senior $5,500 $2,000 $7,500



Subsidized Unsubsidized Total


$3,500 $6,000 $9,500
Sophomore $4,500 $6,000 $10,500
Junior/Senior $5,500 $7,000 $12,500

Subsidized Unsubsidized     
Graduate * $20,500 $20,500
Vet Med * $40,500 $40,500

*Graduate/professional students no longer eligible for sub loans for loan periods beginning on or after July 1, 2012.

Total Aggregate Loan Limits

Classification Subsidized Unsubsidized Total



*$23,000 $    8,000 $ 31,000



*$23,000 $  34,500 $ 57,500

Grad &


*$65,500 $  73,500 $138,500
Vet Med *$65,500 $158,500 $224,000

*Cannot exceed these amounts in subsidized federal or direct subsidized loans (includes undergraduate loans).