Applicants who wish to be considered for federal loans ONLY and are not planning to apply for need-based scholarship funding consideration:
- Complete the 2023 - 24 Free Application for Federal Student Aid (FAFSA)
- School code: 002920
- Degree/Certificate: 2nd Bachelor's Degree
- Current Grade Level: 5th-year undergraduate
- Import 2021 federal tax information using the IRS Data Retrieval tool
Additional Resources
Visit our Financial Aid Video Library for detailed instructions on how to apply and more information regarding financial aid available to ABSN students.
Students must complete the Free Application for Federal Student Aid (FAFSA) each academic year to borrow from a federal student loan. ABSN students must be enrolled in a minimum of six credit hours per semester to receive federal student loans.
Federal Direct Student Loan
|
Dependent Student |
Independent Student |
||
|
Academic Year Limits |
Subsidized |
$5,500 |
$5,500 |
|
Unsubsidized |
$2,000 |
$7,000 |
|
|
Total Annually |
|
$7,500 |
$12,500 |
|
Total for Undergraduate Programs |
Subsidized |
$23,000 | $23,000 |
|
Unsubsidized |
$8,000 |
$34,500 |
|
|
Total |
|
$31,000 |
$57,500 |
The Federal Direct Subsidized loan is interest-free while enrolled in the program. The Federal Direct Unsubsidized loan begins accruing interest at the time of disbursement. Federal and private student loans disburse one week before classes start each semester.
Private Education Loans
When all federal loan options have been exhausted, or when a student is enrolled less than half-time and not eligible for federal loan funding, private student loans may be used. Private loans are borrowed from a source other than Duke or the federal government to help finance education expenses.
Students can borrow a private student loan from any financial institution. Duke provides a Lender List to assist students with applying for a private loan.