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Apply for Graduate Loans

Federal Direct Loans for New Graduate Students

You are ready to apply online for your Federal Direct Unsubsidized Loan if you have signed and returned your award letter to MICA accepting the loan.

Students, parents, and borrowers are required to use an FSA ID, made up of a username and password, to access certain U.S. Department of Education websites. Your FSA ID is used to confirm your identity when accessing your financial aid information and to electronically sign your federal student aid documents. 

Create your FSA ID now. Click here.

The amount of any Federal Direct Unsubsidized Loan listed on your Award Letter is the maximum amount you are eligible to borrow. You may borrow any amount up to this maximum. If you choose to borrow less than the amount on your Award Letter, please put a line through the maximum amount and write the amount you wish to borrow. Please initial after the amount you wish to borrow.

The following steps are required when applying for a Federal Direct Unsubsidized Loan:

  1. First, go to the federal student aid Direct Lending website and sign in: https://studentloans.gov
  2. Next, complete Entrance Counseling, located on the left sidebar under Counseling.
  3. Finally, complete a Master Promissory Note (MPN), also located on the left sidebar.

You have the right to cancel or reduce the amount of your awarded loan by contacting the Financial Aid Office.

 

Maryland Institute College of Art

1300 Mount Royal Avenue

Baltimore, MD 21217-4191

 

Office of Graduate Admission

410.225.2256

Fax 410.225.2408

 

Office of Financial Aid

410.225.2285

Fax 410.225.2558

finaid@mica.edu


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