Types of Financial Aid

Adult undergraduates are eligible for various federal and state of Pennsylvania grants. These are financial aid awards that do not need to be repaid. If you are eligible for any of these grants, the amount of any awards will be listed on your Rosemont College financial aid award letter. Graduate students are generally not eligible for any form of grant aid.

Both undergraduate and graduate students are eligible for federal Direct Subsidized/Unsubsidized loans.  Interest on Direct Unsubsidized loans accrues while you are enrolled, while it does not on subsidized loans. The chart below show the maximum amounts that you can borrow per year as well as lifetime borrowing limits.

Annual Loan Limits - Direct Loan
Independent Undergraduate Students Combined Base Limit for Subsidized and Unsubsidized Loans Additional Limit for Unsubsidized Loans Total Limit for Unsubsidized Loans (minus subsidized amounts)
First-Year Undergraduate (Freshman) $3,500 $6,000 $9,500
Second-Year Undergraduate (Sophomore) $4,500 $6,000 $10,500
Third-Year and Beyond Undergraduate (Junior, Senior) $5,500 $7,000 $12,500
Teacher Certification Coursework $5,500 $7,000 $12,500
Graduate Students Combined Base Limit for Subsidized and Unsubsidized Loans Additional Limit for Unsubsidized Loans Total Limit for Unsubsidized Loans (minus subsidized amounts)
Graduate Students

$20,500
Aggregate Loan Limits - Direct Loan

Combined Base Limit for Subsidized and Unsubsidized Loans Additional Limit for Unsubsidized Loans Total Limit for Unsubsidized Loans (minus subsidized amounts)
Independent Undergraduate Students $23,000 $34,500 $57,500
Graduate Students $65,500 (including undergraduate subsidized/unsubsidized loans) $73,000 $138,500