Program cost
Student loans Application
To apply for the Federal Direct Loan you must first complete the Free Application for Federal Student Aid (FAFSA). We suggest that you secure a U.S. Department of Education PIN (personal identification number) before you complete the FAFSA. You will likely receive your PIN within 24 hours. You will then be able to sign your FAFSA electronically and submit everything in one step. The school code for Anderson University is 001785. The Office of Student Financial Services will receive your FAFSA information electronically. Upon receipt of your FAFSA information and acceptance into TIP, an award letter will be mailed to you indicating your eligibility for Federal Direct Loan funds. The maximum a degree seeking graduate student can borrow is $20,500 in subsidized and unsubsidized Direct Loans. There are also Direct Grad PLUS loans available (approximately $6,600). Additional steps will need to be taken to actually secure the loan proceeds. This information will be provided to you in the award notification. For billing questions or for assistance with loan applications contact Nelda Ely, Financial Aid Counselor via e-mail at nlely@anderson.edu or by calling (765) 641-4368.