ABSN Student Loan Options

Applicants who wish to be considered for federal loans ONLY and are not planning to apply for need-based scholarship funding consideration:

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







Total Annually




Total for Undergraduate Programs


$23,000 $23,000









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.

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