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News and Events
News
Events

May 21 2012

NYIT’s NYCOM Hooding Ceremony Honors 291 New Doctors of Osteopathic Medicine

May 20 2012

NYIT Salutes the Class of 2012 at its 51st Annual Commencement

May 18 2012

NYIT Holds White Coat Ceremony for Physician Assistants

May 18 2012

Occupational Therapy Grads Hold Valedictory Ceremony

May 18 2012

Nursing Students Receive Graduation Pins

May 23 2012

NYIT-Vancouver Professional Enrichment Workshop: The Art of Conversation

May 23 2012

Meaning Is the New Money - Lecture by Gabrielle Bernstein

May 30 2012

NYIT-Vancouver Professional Enrichment Workshop: Tools to Supercharge your Business Vocabulary

May 30 2012

50th Semi-Annual New Jersey Collegiate Career Day

Jun 01 2012

NYIT-Amman Graduation Ceremony 2012

Loan Limits

Annual and Aggregate Federal Direct Loan Limits 2012 - 2013

Dependent Undergraduate

  Freshman
0-30 Credits
Sophomore
31-62 Credits
Junior
63-96 Credits
Senior
97+ Credits
Aggregate Limit
Stafford (Subsidized / Unsubsidized) $3,500 $4,500 $5,500 $5,500 $23,000
Additional Unsubsidized Stafford $2,000 $2,000 $2,000 $2,000 $8,000  
Total Stafford $5,500 $6,500 $7,500 $7,500 $31,000


Independent Undergraduate/Dependent Undergraduate with PLUS Denial

  Freshman
0-30 Credits
Sophomore
31-62 Credits
Junior
63-96 Credits
Senior
97+ Credits
Aggregate Limit
Stafford (Subsidized / Unsubsidized) $3,500 $4,500 $5,500 $5,500 $23,000
Additional Unsubsidized Stafford $6,000 $6,000 $7,000 $7,000 $34,500  
Total Stafford $9,500 $10,500 $12,500 $12,500 $57,500


Graduate

  Graduate Limit Aggregate Limit
Unsubsidized Stafford $20,500 $138,500


Federal Direct Loan Interest Rates and Origination Fees

  Origination Fee Interest
Rate
Undergraduate Subsidized Stafford 1.0% 6.8%
Undergraduate Unsubsidized Stafford 1.0% 6.8%
Graduate Subsidized/Unsubsidized Stafford 1.0% 6.8%
Parent PLUS 4.0% 7.9%
Graduate PLUS 4.0% 7.9%


Federal Perkins Loan Program

  Freshman
0-30 Credits
Sophomore
31-62 Credits
Junior
63-96 Credits
Senior
97+ Credits
Aggregate Limit Interest Rates
Perkins

Up to $5,500 per academic year

$11,000 aggregate 0-62 credits

$27,500 5%


 

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