Student Loans

Federal Loans

For detailed information on all federal loans go to StudentAid.gov.

• Direct Subsidized Loans are for Undergraduates (ABSN) with financial need. The U.S. Department of Education will pay the interest on a Subsidized Loan while the student is in school at least half-time. The interest rate for loans first disbursed between July 1, 2025 – June 30, 2026 is 6.39%.
• Direct Unsubsidized Loans are available to Undergraduate and Graduate students and are not based on need. For Undergraduates, the interest rate for loans first disbursed between July 1, 2025 – June 30, 2026 is 6.39%. For Graduate/Professional students, the interest rate for loans first disbursed between July 1, 2025 – June 30, 2026 is 7.94%.
• Direct Grad PLUS Loans are for Graduate/Professional students and eligibility is based on credit. The interest rate for loans first disbursed between July 1, 2025 – June 30, 2026 is 8.94%. The Graduate PLUS Loan program is eliminated for new borrowers after July 1, 2026.  Roseman students who have started their program and borrowed federal aid prior to July 1, 2026, will still be eligible for Graduate PLUS Loans as long as they remain enrolled in their program for up to three academic years or the remainder of their expected time to credential, whichever is less. Students who must repeat a course, term, or year will not be eligible for this loan through graduation and should be prepared to pay out of pocket or borrow a private loan.
• Direct Parent PLUS Loans are available to parents of dependent Undergraduates (ABSN) and eligibility is based on credit. The interest rate for loans first disbursed between July 1, 2025 – June 30, 2026 is 8.94%. Effective July 1, 2026, all parents (combined) may borrow $20,000 per year per dependent student, with a $65,000 aggregate limit per dependent student (without regard to amounts forgiven, repaid, canceled, or discharged). Roseman dependent students who began their program and whose parent or student borrowed federal aid prior to July 1, 2026, will remain eligible to borrow Parent PLUS Loans under the prior limits, provided they stay continuously enrolled in their program for up to three academic years or the remainder of their expected time to credential, whichever is less. Students who must repeat a course, term, or year will not be eligible for the prior loan limits through graduation and should be prepared for reduced loan eligibility. This may require paying out of pocket or borrowing a private loan.

The U.S. Department of Education calculates a cohort default rate (CDR) for each eligible higher education institution each fiscal year.  Roseman’s CDR for the most recently published fiscal year before the pandemic payment pause (FY18) is 0.3%.  The overall national CDR was 7.3% for the same period, and the rate for Private institutions similar to Roseman (i.e., offering Bachelor’s degrees and higher) was 5.3%.  Additional information can be found on the U.S. Department of Education’s CDR website here:  https://www2.ed.gov/offices/OSFAP/defaultmanagement/cdr.html

Loan Origination Fees

Federal student loans have loan fees that are a percentage of the total loan amount. The loan fee is deducted proportionately from each loan disbursement you receive. This means the money you receive will be less than the amount you actually borrow. You are responsible for repaying the entire amount you borrowed and not just the amount you received.

• Direct Subsidized Loans and Direct Unsubsidized Loans have an origination fee of 1.057%.
• Direct PLUS or Grad PLUS Loans have an origination fee of 4.228%.

Federal Direct Subsidized/Unsubsidized Loan Maximums Per Award Year

*AEODO is not eligible for Health Professional maximums because residents receive a post-doctoral certificate in Orthodontics.

Federal Direct Subsidized/Unsubsidized Loan Aggregates

Borrowers of federal Title IV loans are subject to aggregate loan limits. There is a cap on the total amount a student is allowed to borrow. It is very important for students to be aware of their lifetime loan totals and their aggregate loan limits. Students need to borrow conservatively, consider how much they will need to borrow in the future, and know when they will reach their aggregate limit.

*AEODO is not eligible for Health Professional limits because residents receive a post-doctoral certificate in Orthodontics.

Private Loans

Preferred Lender Information

Beginning April 1, 2026, Roseman established a preferred lender list in accordance with federal requirements. The 2026-2027 preferred lender list is compiled using neutral, student‑centered criteria, including total borrower cost, repayment flexibility, loan approval timelines, customer service performance, total loan limits available to students, and cosigner release provisions. The list includes at least two unaffiliated lenders, and it is reviewed annually. There are no revenue-sharing arrangements with any lender.

You are not required to use a lender from this list. You may choose any eligible lender, and we will process all loan certifications impartially. Students may find more favorable rates or terms with lenders not included on this list.

We strongly encourage students to explore federal financial aid options before borrowing private loans. If you decide a private loan is appropriate, you may select any lender; all lenders are processed with equal timeliness. To complete a lender’s self‑certification, you will need your Cost of Attendance (COA) and Other Financial Assistance (OFA), which are available in your student portal.

FastChoice is available to help compare loan options from our preferred lenders. To apply, select a lender and apply directly through that lender. Students in Utah should select Nevada to locate Roseman University.

2026-2027 Preferred Lenders, listed alphabetically:

• Ascent
• Citizens Bank
• College Ave
• Earnest
• Nelnet Bank
• Sallie Mae
• SoFi

Private Loan Basics

• Private loans are credit‑based loans made in the student’s name and are available to students who can be approved by a lender.
• A new application is required each academic year.
• Loan amounts may not exceed the Cost of Attendance minus other financial aid.
• Interest rates and eligibility requirements vary by lender. Some lenders may require ongoing Satisfactory Academic Progress (SAP).
• Students are responsible for understanding each lender’s terms and requirements.
• For the most current information, contact lenders directly, as terms may change without notice.