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U.S. federal and/or private education loans can help pay your Middlebury Institute tuition and living expenses.

Eligibility

U.S. citizens, U.S. permanent residents, and eligible non-citizens are eligible for both federal and private education loans.

International students are eligible for U.S. private loans. You may also be able to receive education loans from your home country.

U.S. Federal Loans

Below is a list of the types of loans you may be eligible for at the Middlebury Institute:

Stafford Loans

  • Unsubsidized loans for graduate students

  • Subsidized or unsubsidized loans for undergraduate students

  • Fixed interest rates until paid in full, but rates are variable for new loans each academic year (review Stafford Loan interest rates)

  • Interest accrues on the unsubsidized loan at the time of disbursement

  • Six-month grace period

  • Origination fee withheld from your loan prior to disbursement by the Department of Education for insurance and administrative fees (review origination fees)

  • Maximum award of $20,500 per academic year for unsubsidized loans, and $5500 each year for undergraduate students eligible for the subsidized loan

Graduate PLUS Loans

  • Unsubsidized loans for graduate students demonstrating creditworthiness

  • Interest rates are fixed until paid in full, but rates are variable for new loans each academic year (review Stafford Loan interest rates)

  • Interest accrues at the time of disbursement

  • No grace period

  • Origination fee withheld from your loan prior to disbursement by the Department of Education for insurance and administrative fees (review origination fees)

  • Maximum award of up to annual cost of attendance established by the Institute, less other forms of financial aid

Private Loans

Both U.S. and international students are eligible to apply for private education loans. International students may need a U.S. cosigner. If you are attending our language or non-degree programs, you may also apply for private loans.

  • U.S. private loans are based on your (or your cosigner’s) credit history

  • Fixed or variable interest rate based on your (or your cosigner’s) credit score

  • Grace period varies by lender

  • Maximum award of up to annual cost of attendance established by the Institute, less other forms of financial aid

  • U.S. and international students should consider all government and institutional sources of aid before applying for private loans

Learn more about private loans.

How to Apply

Follow these steps to apply for financial aid at the Middlebury Institute.