University Trust Fund Loan (UTFL)

Full-time status required.

The University Trust Fund Loan is a loan for undergraduate and graduate students. University Trust Fund Loans are made through a school’s financial aid office; the school itself is the lender. Currently, the annual interest rate is fixed at 7%, with a maximum of 10 years to repay.

undergraduate: you may be offered a UTFL loan for an amount up to $2,000 per academic year.

graduate or professional student: you may be offered up to $3,000.

You cannot borrow more than $8,000 in UTFL loans as an undergraduate or $14,000 as a graduate/professional student, including any UTFL loans you may have received as an undergraduate.

Additional information on the University Trust Fund Loan. To find out if you are eligible for this loan, please contact the Student Assistance Center, 23 Solon Campus Center, (218) 726-8000, or umdhelp@d.umn.edu.

Complete UTFL Promissory Note (You will need your UMD Internet ID and Password.)