Domestic Aid

For eligible domestic students who require financial assistance, Knowledge Systems Institute Graduate School is authorized by the U.S. Department of Education to participate in the Title IV Student Financial Assistance Program which allows the Institute to provide grants, loans and work-study funds from the federal government. (For more information, go to If available, the Institute offers CWA (College Work Study) as well as Stafford loans (William D. Ford Federal Direct Loan Program).



Direct Stafford Loans include the following two types of loans: 1) Direct Subsidized Loans for students with financial need. KSI Graduate School will review the results of your Free Application for Federal Student Aid (FAFSA) and determine the amount you can borrow. You are not charged interest while you’re in school at least half-time and during grace periods and deferment periods. 2) Direct Unsubsidized Loans are not required to demonstrate financial need to receive a Direct Unsubsidized Loan. Like subsidized loans, your school will determine the amount you can borrow. Interest accrues (accumulates) on an unsubsidized loan from the time it’s first paid out. You can pay the interest while you are in school and during grace periods and deferment or forbearance periods, or you can allow it to accrue and be capitalized (that is, added to the principal amount of your loan). In order to qualify for a Direct Student Loan, a student must be a U.S. citizen (including a U.S. National or a permanent resident of the Trust Territory of the Pacific Islands, Guam, or the Northern Mariana Islands), or an eligible noncitizen*.

*An eligible non-citizen must be:
A U.S. permanent resident who has an Alien Registration Receipt Card (I-151 or I-551), or a non-citizen with a Departure Record (I-94) from the U.S. Immigration and Naturalization Service showing any one of the following
designations: (1)”Refugee,” (2)”Asylum Granted,” (3) “Indefinite Parole” and/or “Humanitarian Parole,” or (4) “Cuban-Haitian Entrant.”


Stafford Loan Limits

 Dependent Students  Annual Loan Limits
 First Year  $5,500 ($3,500 subsidized/$2,000 unsubsidized)
 Second Year  $6,500 ($4,500 subsidized/$2,000 unsubsidized)
 Third Year and Beyond  $7,500 ($5,500 subsidized/$2,000 unsubsidized)
 Independent Students  Annual Loan Limits
 First Year  $9,500 ($3,500 subsidized/$6,000 unsubsidized)
 Second Year  $10,500 ($4,500 subsidized/$6,000 unsubsidized)
 Third Year and Beyond  $12,500 ($5,500 subsidized/$7,000 unsubsidized)
 Graduate or Professional  $20,500 ($8,500 subsidized/$12,000 unsubsidized)
 Lifetime Limits 
Undergraduate Dependent  $31,000 (Up to $23,000 may be subsidized)
Undergraduate Independent  $57,500
Graduate or Professional  $138,500 (Up to $65,000 may be subsidized) or $224,000 (for Health Professionals



• Interest rate: variable, but never exceeds prime rate.
• For undergraduates and graduates enrolled at least half-time.
• Students can get a loan regardless of income, but federal government pays interest only on need-based loans.
• Maximum award depends on length of enrollment and year in school.
• Students must sign a promissory note, agreeing to repay the loan.
• Under certain conditions, repayment may be deferred (postponed) or canceled.
• Please see the Financial Assistance Policy Handbook for complete information about student loan policy.



Veterans Administration tuition is subject to the following pro-rata refund policy

 Percentage of Days in Class Completed
 by Student at Notice of Cancellation  
 Percentage of Tuition & Instructional
 Charges The School May Retain  
 Greater than 5% - 10%  15%
 Greater than 10% - 15%  20%
 Greater than 15% - 20%  25%
 Greater than 20% - 25%  30%
 Greater than 25% - 30%  35%
 Greater than 30% - 35%  40%
 Greater than 35% - 40%  45%
 Greater than 40% - 45%  50%
 Greater than 45% - 50%  55%
 Greater than 50% - 55%  60%
 Greater than 55% - 60%  65%
 Greater than 60% - 65%  70%
 Greater than 65% - 70%  75%
 Greater than 70% - 75%  80%
 Greater than 75% - 80%  85%
 Greater than 80% - 85%  90%
 Greater than 85% - 90%  95%
 Greater than 90% - 100%  100%