Award Terms and Conditions | Johns Hopkins | Bloomberg School of Public Health

The following information provides an overview of the terms and conditions of the student aid programs included in your award. Be sure to familiarize yourself with the terms and conditions of any scholarship award and those presented in the loan promissory note that you sign; a student loan is a serious legal obligation.

Student Loan Programs

	Federal Direct Unsubsidized Loan	Federal Direct Grad Plus Loan
Who is Eligible?	Students enrolled at least half-time (6 credits) per term. Financial need is not required.	Students enrolled at least half-time (6 credits) per term. Financial need is not required; however, a credit review is required.
Annual Limits	Up to $20,500 Depending upon your eligibility and enrollment period, borrowers may qualify to receive a 2nd loan of up to $15,278.	Up to your full cost of education less other aid you receive.
Aggregate Limits	$138,500 (Including subsidized loans and loans for undergraduate study) $224,000 for eligible health profession students.	No aggregate limit.
Interest	7.05% fixed interest rate for loans issued July 1, 2023. - June 30, 2024. Interest accrues from the date of disbursement.	8.05% fixed interest rate for loans issued July 1, 2023 - June 30, 2024. Interest accrues from the date of disbursement.
Fees	For loans issued between October 1, 2020 and September 30, 2024 the origination fee is 1.057% of loan principal. The fee is deducted proportionately from each disbursement of the loan proceeds.	For loans issued between October 1, 2020 and September 30, 2024, the origination fee is 4.288% of the loan principal. The fee is deducted proportionately from each disbursement of the loan proceeds.
Repayment Terms	Repayment begins 6 months after you leave school or drop below half-time status. The length of the repayment period depends on the loan amount and type of repayment plan you select.	Repayment begins 6 months after you leave school or drop below half-time status. The length of the repayment period depends on the loan amount and type of repayment plan you select.

William D. Ford Federal Direct Loan Programs: Unsubsidized and Graduate PLUS

Funds for the Federal Direct Loan programs are provided by the U.S. Department of Education (DOE). All new Direct Loan recipients must sign an electronic Master Promissory Note (e-MPN). The e-MPN contains the terms and conditions of your loan and explains how and when it should be repaid. The e-MPN is valid for ten years of borrowing; therefore, previous Direct Loan borrowers may already have an active e-MPN on file. Borrowers should follow the links provided in their "To Do List" in SIS Self-Service to determine if they are required to complete an e-MPN.

All new borrowers are also required to complete on-line Entrance Loan Counseling. Both the e-MPN and the Entrance Loan Counseling can be completed on the DOE website at Student Aid.gov.

Each term your loan proceeds will be credited toward your outstanding tuition, health insurance and fee costs. The Student Accounts and Business Services Office will issue a refund to you for amounts credited that are over/above what is due for the term. Bear in mind that your cost for health insurance premiums will vary each term. Please budget your funds accordingly as this will impact the amount of your refund each term.

The Student Accounts and Business Services Office uses a third-party vendor, Flywire, to manage the refund process. You will receive information from Flywire regarding options for receiving your refunds. You may review information on refunds on the Student Accounts and Business Services website or contact them by email at Support.sis.jhu.edu/case/ with any refund related questions.

Federal Direct Graduate PLUS Loan (Grad PLUS Loan)

If you need funds over/above your Unsubsidized Direct Loans, you may apply for a credit based Grad PLUS Loan. This loan requires a separate application process. Pending a credit review, the PLUS loan is approved by the Department of Education. To apply:

Using your FSA ID log in to StudentAid.gov.
Select Apply for a PLUS Loan
*Select the school: Johns Hopkins University School of Public Health
Provide the personal information and credit check authorization
Provide your requested loan amount or select the Maximum Amount Indicator
Follow the remaining on-screen instructions

Before applying for a Grad PLUS loan you must first accept all of your Direct Unsubsidized Loan eligibility.

Each term your loan proceeds will be credited toward your outstanding tuition, health insurance and fee costs. The Student Accounts and Business Services Office will issue a refund to you for amounts credited that are over/above what is due for the term. Bear in mind that the cost for your health insurance premiums will vary each term. Please budget your funds accordingly as this will impact the amount of your refund each term.

The Student Accounts and Business Services Office uses a third-party vendor, Flywire to manage the refund process. You will receive information from Flywire regarding options for receiving your refunds. You may review information on refunds on the Student Accounts and Business Services webpage or contact them by email at Support.sis.jhu.edu/case/ with any refund related questions.

*Online Grad PLUS Loan requests will be available on/after May 1, 2024.

Federal Work-Study (FWS)

If you are eligible for FWS, you received an Estimated Federal Work-Study award in the amount of $1,000. This amount only represents program eligibility. An actual award is dependent upon your securing employment after you begin your program. FWS funds are limited and are offered on a first come, first served basis. If you plan to seek employment through the FWS program, a FWS Authorization and Appointment Form will be provided to you after you begin your program. If you borrow up to the cost of attendance, it may be necessary to reduce a portion of your loans in order for you to have FWS funding eligibility and to place you in a position. The maximum award is contingent upon your program eligibility, the employment obtained and the availability of funds. You may only have one FWS position, however, you are allowed to have additional employment that is not funded through FWS. The combined hours per week may not exceed 19 hours per week. FWS earnings are not applied toward your tuition and fee costs. Earnings are paid directly to you on a semi-monthly basis. View the Federal Work-Study Program Overview for more details.

Public Health Grants

Recipients of these awards must maintain full-time enrollment (12+ credits) for the period of the award and meet Satisfactory Academic Progress standards each term. These funds are awarded based upon financial need. The receipt of funding not counted in your original eligibility calculation may require an adjustment in the amount of your scholarship award.

Anticipated Awards

If your award includes an “Anticipated” scholarship it represents an estimate of potential funding from your department/program. It may also represent outside funding sources that you have informed us that you will be receiving. Anticipated scholarships may include the Master’s Tuition Scholarship, Welch Scholarship, OPAL scholarships, employer tuition assistance or other aid sources. You should contact our office as soon as possible if you will not receive the Anticipated” scholarship noted in your financial aid award.

Outside Scholarships

We encourage you to pursue all possible scholarship opportunities. You must update our office should you receive ANY financial assistance (excluding stipends and employment) that is not listed in Student Information SIS (SIS). The receipt of additional aid may result in a revision of your current aid award.

Registration Status

Your aid eligibility is based on the planned enrollment that is stated in your award notification. Your eligibility will be reviewed each term at the end of the Add/Drop period. If your registration status changes, your financial aid award may need to be revised or canceled for the specific term and all future terms in the award year. Please contact our office if you have questions regarding your financial aid eligibility should you change your registration classification.

Return of Title IV Funds Policy

If a recipient of Federal Title IV aid withdraws (drops all classes) during a term of enrollment, the school must calculate the amount of Title IV aid that the student did not earn. Unearned Title IV aid must be returned to the aid programs. The calculation of the Return of Title IV funds may result in the student owing a balance to the School. The student will be billed for the amount owed to the Title IV programs and any amount due the School resulting from the Return of Title IV funds. Please review the full Return to Title IV Funds polic y on our website.

Satisfactory Academic Progress (SAP)

Students who receive Federal Student Aid must maintain Satisfactory Academic Progress (SAP) towards completion of their program. A student’s complete academic course work at the School will be considered in the SAP review process. For most programs, SAP is reviewed at the end of each term. Please review the full SAP Policy on our website.