Types of Financial Aid

Loans

Student Loan Information


The federal Direct Loan program is provided and administered by the U.S. Department of Education (DOE). Student loan borrowing cannot exceed the cost of attendance, nor may you borrow over the annual and lifetime aggregate loan limits that are set for the Direct Loan program. The results of your FAFSA will determine the type(s) of loan you are offered. The Department of Education will assess an origination fee on each loan upon disbursement.

ATTENTION: First time loan borrowers are required to complete a Master Promissory Note (MPN) and Entrance Counseling (EC) at www.studentaid.gov. Failure to complete all loans requirements will prevent disbursement.

**New for 2021-2022** Annual Student Loan Acknowledgement (previously called the “Informed Borrowing Confirmation” process) was implemented in late April 2020 by DOE. This new process requires student and parent borrowers to log in to StudentAid.gov each year to review and acknowledge the total amount currently owed in federal student loans.

The Trellis Company is a nonprofit education company working at the request of Texas A&M – Kingsville to help students better understand their federal student loan obligations. Visit https://www.trelliscompany.org/ for more information. For nearly 40 years, Trellis Company has served with the dual mission of helping student borrowers successfully repay their education loans and promoting access and success in higher education. As a valued TAMUK partner, Trellis Company works alongside TAMUK to help TAMUK students develop financial wellness and become successful students.

Types of Loans

The Subsidized Direct Loan is awarded on the basis of need. You will not be charged any interest prior to repayment or during any authorized periods of deferment. The federal government pays the interest on the loan until the time of repayment.

Criteria for Eligibility
  • You must have "calculated need" as determined by the FAFSA.
  • You must be enrolled at least half-time in a degree-seeking program at Texas A&M University-Kingsville.
  • You may not exceed annual or lifetime aggregate loan limits.
Direct Loan Limits

Annual and lifetime (total debt) limits for subsidized and unsubsidized student loans are mandated by the U.S. Department of Education. The amounts include the outstanding principal balance on the loans (excluding interest and other charges).

Click here to view Direct Loan Limits


The Unsubsidized Direct Loan is not awarded on the basis of need. You are responsible for any accruing interest during in-school and deferment periods. Interest accruing during those periods may be paid or capitalized as agreed by the borrower and lender.

Criteria for Eligibility
  • You must be enrolled at least half-time in a degree-seeking program at Texas A&M University-Kingsville.
    • Undergraduate Students - 6 hours
    • Graduate Students - 5 hours
  • You must maintain Satisfactory Academic Progress.
  • You may not exceed annual or lifetime aggregate loan limits.
Direct Loan Limits

Annual and lifetime (total debt) limits for subsidized and unsubsidized student loans are mandated by the U.S. Department of Education. The amounts include the outstanding principal balance on the loans (excluding interest and other charges).

Click Here to view Direct Loan Limits


The Direct Parent PLUS loan is a federal loan that parents of dependent undergraduate students can apply for to help pay educational expenses. The loan is based on the parents' credit score and the U.S. Department of Education is the lender. The maximum loan amount is calculated by subtracting the student’s cost of attendance minus any other financial aid received.

How do I apply for a Direct PLUS Loan?

To apply for the Parent PLUS Loan the student must:

  • Have a completed FAFSA submitted to Texas A&M University-Kingsville
  • You must be enrolled at least half-time in a degree-seeking program at Texas A&M University-Kingsville
  • The student must meet the Satisfactory Academic Progress (SAP). New incoming freshman students automatically meet SAP requirements. Only one parent needs to apply online at https://studentaid.gov TAMUK is electronically notified of the application status within 72 hours.

If the loan is approved, the parent must complete the Master Promissory Note at https://studentaid.gov/app/launchMpn.action. After the application is finalized, the calculated award will be added to the student’s award package. All funds are received electronically and are posted to the student’s billing account. Any excess funds will be disbursed by the University Business Office, according to the refund method indicated on the PLUS application.

**New for 2021-2022** Annual Student Loan Acknowledgement (previously called the “Informed Borrowing Confirmation” process) was implemented in late April 2020 by DOE. This new process requires student and parent borrowers to log in to StudentAid.gov each year to review and acknowledge the total amount currently owed in federal student loans.

If the loan is not approved, the Office of Student Financial Aid will automatically increase the student unsubsidized loan up to an additional $4,000/$5,000 for the award year.

*Amount of increase is dependent on the student's classification level and remaining award eligibility.


The Federal Direct Graduate PLUS (GradPLUS) loan is a low interest credit based loan for graduate and professional students provided by the Department of Education (DOE). You can borrow up to the total cost of attendance (minus any other financial aid awarded).

*If you are denied the Graduate PLUS loan due to an adverse credit history, you will not be eligible for any additional Unsubsidized Direct Loan funds.

How do I apply for a Graduate PLUS Loan? 
To apply for the Graduate PLUS Loan the student must:
  • Have a completed FAFSA submitted to TAMUK
  • Must be enrolled in at least half-time in a degree-seeking program at Texas A&M University-Kingsville
  • The student must meet the Satisfactory Academic Progress (SAP). New incoming graduate students automatically meet SAP requirements.
  • Apply online at https://studentaid.gov. TAMUK is electronically notified of the application.

Texas A&M University-Kingsville highly recommends that you utilize the maximum annual amount available to you through the Direct Loan program before applying for the Graduate PLUS Loan.

**New for 2021-2022** Annual Student Loan Acknowledgement (previously called the “Informed Borrowing Confirmation” process) was implemented in late April 2020 by DOE. This new process requires student and parent borrowers to log in to StudentAid.gov each year to review and acknowledge the total amount currently owed in federal student loans.

Interest Rate
The Direct Graduate PLUS Loan has a fixed interest rate. To review the current interest rate on Grad PLUS loans, please visit: https://studentaid.gov/understand-aid/types/loans/plus/grad  

Repayment
Repayment is deferred until the student graduates, withdraws, or drops below half-time enrollment status.