Name Description Amount For
Graduate Direct Loans Loans for graduate students from the US Department of Education up to $20,500/year. Additional available under the PLUS loan program. Graduate
Parent PLUS Loans Loans available for parents of Undergraduate students from the US Department of Education amount varies Undergraduate
Private Loans Private loans for students from banks or lenders amount varies First-Year, Undergraduate, Transfer, Graduate
Undergraduate Direct Loans Federal student loans from the US Department of Education $5,500- $12,500/year; amount varies by student Undergraduate

Repaying Your Loans

Once you graduate, leave school, or fall below half time enrollment, you will have to start repaying your loans.

How do I contact the Direct Loan Program?

For a complete listing of your school's loan volume, please visit

University of Illinois at Springfield (00933300)

Three-year Official Cohort Default Rate Information

A school’s cohort default rate is the percentage of a school’s borrowers who enter repayment on certain Federal Family Education Loans (FFELs) and/or William D. Ford Federal Direct Loans (Direct Loans) during that fiscal year and default (or meet the other specified condition) within the cohort default period.

Cohort FISCAL YearBorrowers in DefaultBorrowers Entering RepaymentOfficial Default rate
For more information, please visit the FSA Default Management Center