Pacific Northwest College of Art awards merit-based graduate scholarships to all accepted domestic and international applicants for the following programs:
Recipients of merit-based scholarships are selected by the Graduate Committee composed of PNCA faculty and the individual program’s Chair.
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, 2016, and June 30, 2017, is 5.31%. The current loan fee is 1.069% deducted from the principal at the time of disbursement. Loan fees are subject to change.
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, 2016, and June 30, 2017, is 6.31%. The current loan fee is 4.276% deducted from the principal at the time of disbursement. Loan fees are subject to change.
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 having one or more debts with a total combined outstanding balance greater than $2,085 that is 90 or more days delinquent as of the date of the credit report, or that have been placed in collection or charged off (written off) during the two years preceding the date of the credit report. A borrower is also considered to have adverse credit history, if during the five years preceding the date of the credit report, they have been subject to a default determination, bankruptcy, foreclosure, repossession, tax lien, wage garnishment, or write-off of any federal student aid debt.
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.
toll free: 888-390-7499