Financial Aid       

West Chester University

25 University Avenue, Suite #030
West Chester, PA 19383
Phone: (610) 436-2627
Fax: (610) 436-2574


How much can I borrow?

Federal Student Loan amounts are awarded based on grade-level, as outlined in the Academic Progress Policy, as well as cost of attendance and other financial aid awarded to students. In general, however, the following are the annual loan limits:

Year in School*

Base Amounts/Unsub

 Additional Eligibility for Independent Students or dependent students with PLUS denials
Freshman (0-29.5 credits)
 $ 3,500/2000
$ 4,000
Sophomore (30-59.5)
 $ 4,500/2000
$ 4,000
Junior (60-89.5)
 $ 5,500/2000
$ 5,000
Senior (90 and up)
 $ 5,500/2000
$ 5,000
Teacher's Certification/Undergrad - Dep.
$ 5,500/2000
$ 5,000
Teacher's Certification/Grad.Ind
$ 5,500/2000
$ 5,000
Graduate Students
$ 8,500
$12,000
     


NOTE:

--Base amounts and "unsub" apply to all students.

--Additional eligibility amounts apply to independent students and to students whose parents are denied approval of PLUS loans.

--December graduates in both undergraduate and teacher's certification programs will have loan eligibility prorated based on credits for which they are enrolled during their final semester.

The Financial Aid Office will assume students wish to borrow the maximum loan available at the applicable grade-level. Students must inform the office, in writing, to cancel or reduce the amount of the loan award. Federal law mandates that students are permitted to cancel loan funds up to 30 days after the start of each semester; however, the process is much easier if these requests are made shortly after students are notified of their awards.