Graduate Scholarships and Loan Information
Pacific Northwest College of Art awards merit-based graduate scholarships to the following programs:
- MFA In Applied Craft and Design
- MFA in Collaborative Design
- MFA in Print Media
- MFA in Visual Studies
- MA in Critical Theory and Creative Research
Recipients of merit-based scholarships are selected by the Graduate Committee composed of PNCA faculty and the individual program’s Chair.
Federal Direct Unsubsidized Stafford Loans
Graduate students are eligible to borrow up to $20,500 per academic year in the Federal Direct Unsubsidized Loan Program. Interest on the Unsubsidized Stafford Loan begins to accrue from the date of disbursement. While a student is enrolled in school, and for a six-month grace period after leaving school, no payments on the loan are due. Applicants must file a FAFSA to be considered for an Unsubsidized Stafford loan.
The current interest rate for Federal Unsubsidized Stafford Loans borrowed between July 1, 2014, and June 30, 2015, is 6.21%. A new fixed interest rate for loans borrowed between July 1, 2015, and June 30, 2016, will be finalized by July 1, 2015. The current loan fee is 1.073% deducted from the principal at the time of disbursement. Loan fees are subject to change.
Federal Direct Graduate Plus Loans
Federal Graduate Plus Loans are credit qualified funding available to graduate students. Students are eligible to defer repayment until six months after graduation. Graduate students may borrow up to the full cost of attendance minus any other financial aid. Applicants must file a FAFSA to be considered for a Graduate Plus loan.
The current interest rate for Federal Graduate PLUS Loans borrowed between July 1, 2014, and June 30, 2015, is 7.21%. A new fixed interest rate for loans borrowed between July 1, 2015, and June 30, 2016, will be finalized by July 1, 2015. The current loan fee is 4.292% deducted from the principal at the time of disbursement. Loan fees are subject to change.
Federal Graduate PLUS Loan Credit Criteria
Graduate student borrowers with adverse credit history are not eligible for the Federal Graduate PLUS Loan without a credit qualifying endorser (co-signer).
A borrower is considered to have adverse credit history with a current delinquency of 90 or more days on any debt OR a default determination, bankruptcy discharge, foreclosure, repossession, tax lien, or wage garnishment in the last five years. Additional information and expanded credit criteria for the Federal Graduate PLUS Loan can be found at: studentaid.ed.gov/types/loans/plus.
Please feel free to contact PNCA’s Financial Aid office at any time by phone, fax, email, or in person if you have any questions or need assistance.
phone: 503 821 8971
toll free: 1 888 390 7499
fax: 503 821 8978
Call or Email
Guide to Federal Student Aid
Tax Benefits Guide
Parent PLUS Request Form
Grad PLUS Request Form
Dependent Verification Worksheet
Independent Verification Worksheet
IRS Data Retrieval Help
Request for Reconsideration
Award Letter Comparison
Financial Aid Links
National Student Loan Data System, www.nslds.ed.gov
Free Application for Federal Student Aid (FAFSA) on the Web, www.fafsa.ed.gov
Federal PIN system for an electonic signature, www.pin.ed.gov
Oregon Student Assistance Commission’s scholarship application getcollegefunds.org