Office of Financial Aid

Federal Stafford Student Loan Program (Unsubsidized)

Eligibility - A student must be enrolled or accepted for enrollment at least half-time in an eligible institution of higher education and must be a U.S. citizen, U.S. national or a permanent resident. The student must also be making satisfactory academic progress for consideration. In addition, the student must not be in default on any Title IV loans or owe a repayment on any Title IV funds. Males who are at least 18 years of age must be registered with the Selective Service Agency.

Maximum Amount - Graduate and professional students may borrow up to $20,500 per academic year to an aggregate maximum amount of $65,500 including all undergraduate Stafford/GSL loans. A loan may not exceed the cost of education less resources.

For information regarding Interest Rates, Grace Period, Deferment and Repayment information visit  

Disbursement - Funds are electronically transferred to the school from the lender/servicer in equal installments based on the number of semester terms in the loan period. The Student Financial Aid Office will verify the student's eligibility upon receipt of the funds. A notice is sent to the student informing him/her that the funds have been received and that they will be disbursed to the student's account by the Bursar's Office. First-time borrowers at the University are required to complete an entrance interview prior to releasing the first disbursement.

Refunds - Students eligible for a refund of excess proceeds will be refunded within 14 days from the date a credit balance occurs on the student's account - generally 14 days from the date of disbursement of the funds.

Have Questions?

Ask Rocket Solution Central.

Rocket Solution Central — or RSC — is your one-stop answer shop for financial aid questions.

Call 419.530.8700
Monday - Wednesday and Friday 9 a.m. - 4:45 p.m.
Thursday 10 a.m. - 4:45 p.m.
Visit 1200 Rocket Hall
Monday - Friday 8:30 a.m. - 5 p.m.

No need to wait in line. Register through Rocket Q ahead of time or when you arrive. You'll receive wait-time updates and be notified when it's your turn.

Register by texting "University of Toledo" to 419.419.3430 or by entering your information online.

Rocket Financial Wellness Center

We could all use some help managing our money. Explore this site built in partnership with Huntington Bank. You’ll find simple, helpful tools to improve your money management skills ― whether you’re a high school student, undergraduate or upperclassman ready to graduate.

  • How to pay for college
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Visit the Rocket Financial Wellness Center
Last Updated: 2/17/22