Financial Aid

Loan eligibility

Federal Direct Loans are available to students regardless of income reported on the FAFSA. The actual loan amounts and types of loans (subsidized, unsubsidized or a combination of both) that you are eligible to receive each year are determined by Pacific.

The amounts are based on such factors as your cost of attendance, expected family contribution (EFC), other financial aid and grade level in school.


Student Type Half-Time Full-Time
Undergraduates: Professional Pharmacy and Teaching Credential 6 units 12 units
Graduate 4 units 8 units

We must review your financial aid eligibility whenever there is a change in your enrollment, such as a drop from full-time to part-time status. Aid must also be reviewed if you withdraw or take a leave of absence.

Interest rates for loans first disbursed on or after 7/1/19 and before 7/1/20 >

Understanding the Difference Between Subsidized and Unsubsidized Student Loans

Subsidized Loans

A type of loan for which the interest on the loan is paid by the government while the student is enrolled in school (in-school deferment) at least half-time.

Unsubsidized Loans

A type of loan for which the interest on the loan accrues while the student is enrolled in school.

Loan Repayment

Federal student loans are required by law to provide a range of flexible repayment options, including income-based repayment plans and loan forgiveness benefits, which private student loans are not required to provide.

Loan Obligation

You are obligated to repay the full amount regardless of whether you:

  • Complete the program or finish within the regular time for completion.
  • Are unable to obtain employment upon completion.
  • Are dissatisfied with or believe you did not receive the education or other services you purchased.

Student Loan Code of Conduct

Pacific has developed a Code of Conduct in compliance with federal regulations. The Office of Financial Aid staff members comply with the Code of Conduct.

Learn More >

Undergraduate Loans

Federal Direct Loans

The Federal Direct Loan Program allows you to borrow directly from the federal government, through the university, to pay college costs.

Please note that a government loan origination fee will be deducted from the total Direct Loan amount upon disbursement (payment to your student account).

Undergraduate students must be enrolled in at least 6 units to be considered for financial aid assistance.

For more information regarding your undergraduate loan options, please visit the Federal Student Aid website.

Federal Student Aid

Understanding Capitalized Interest

Capitalization is the addition of unpaid interest to the principal balance of a loan. View additional information about capitalized interest.


Federal Direct PLUS Loan (Parent Loan)

The Federal Direct PLUS Loan is an unsubsidized credit-based loan for the parents of dependent students.

As with student loans, a government loan origination fee will be deducted from the total Direct Loan amount upon disbursement (payment to your student account).

For more information about the Federal Direct PLUS Loan, please visit the Federal Student Aid website.

Interest Rates for Direct Loans First Disbursed on or After July1, 2019, and Before July, 2020

Loan Type Borrower Type Fixed Interest Rates
Direct PLUS Loans Parent and Graduate or Professional Students 7.08%

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