# Loans

**Source**: https://grad.illinois.edu/funding/loans
**Parent**: https://grad.illinois.edu/admissions/application-instructions

[Graduate College](https://grad.illinois.edu/)
[Funding](https://grad.illinois.edu/funding)
Loans

# Loans

Graduate students interested in applying for student loans should complete the [Free Application for Federal Student Aid](https://studentaid.gov/h/apply-for-aid/fafsa) (FAFSA). Use Federal School Code is 001775.

More information about loans is available from the [Office of Student Financial Aid](http://www.osfa.uiuc.edu/).

**Loan Eligibility and Fellowships**

Students with fellowships who apply for direct loans will have their eligibility reduced by the amount of the fellowship. Traineeships are not counted when eligibility for direct loans is calculated for graduate students. For more information about financial aid for graduate students, see the [Office of Student Financial Aid website](http://www.osfa.illinois.edu/types-of-aid/loans).