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University of Florida Student Loans

The University of Florida draws upon many alumni-supported loan funds for its student loan programs. As the largest school in the Florida University system, it has the money available to help students to afford school.

Loans can be long or short-term. These are some features of UF's university student loans:

Short-termLong-term
Requirements1 be enrolled at least halftime

2 have a valid repayment source

3 no credit holds

1 be a U.S. citizen, national or permanent resident

2 show need on your FAFSA

3 have satisfactory academic progress

4 no defaults

5 full-time enrollment

Interest rate1 %4 % - 9 %
Repaymentby the 1st day of the last month in the semester it was dispersedup to 10 years
Maximum amount$1,000 per semester$3,500 per year



The short-term loans are student loans without cosigner; the long-term loans do require a cosigner. Students cannot borrow an institutional loan to pay tuition or fees from the year before.

There is no grace period for a short-term loan; the long-term loans usually have 6 months as their grace period. These are fixed-rate loans; your interest rate will not change over the course of the loan.

Exit interviews are required for long-term loans; short-term loans do not require them.

The money that is repaid goes directly into the loan fund that it was borrowed from. (Many UF loans are named after the private donor who donated the funds.) It is then redistributed to current students as new loans. To apply for one of these loans, visit the University's website.


college loan consultant plan for paying off student loans from the University of Florida These loans are comparable to most private student loans. As with all private loans, it is impossible to know exactly what your terms will be on a long-term loan, until you apply.

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