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Events
  • Sarah Manguso

    Oct 01| Lectures
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    Sarah Manguso is the author, most recently, of The Guardians: An Elegy for a Friend, named one of the top ten books of the year by Salon. Her previous book, the memoir The Two Kinds of Decay, was named an Editors’ Choice by the New York Times Sunday Book Review and short-listed in the UK for the Wellcome Trust Book Prize and long-listed for the Royal Society Winton Prize. Her other books include the story collection Hard to Admit and Harder to Escape, and the poetry collections Siste Viator and The Captain Lands in Paradise.

  • Graduate Fine Arts, Visiting Artist Lecture Series presents artist, Jennifer Steinkamp.

    Thursday, October 2nd 11:15am - 12:30pm

    Graduate Studios: 10455 Jefferson Blvd Culver City CA 90230

     

  • OR GALLERY
    10455 JEFFERSON BLVD.
    CULVER CITY, CA 90232
  • Pae White

    Oct 07| Lectures
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    Pae White was born in 1963 in Pasadena, California. She lives and works in Los Angeles. She received her M.F.A. from Art Center College of Design in Pasadena and her B.A. from Scripps College in Claremont, California. She also studied at the Skowhegan School of Painting and Sculpture in Maine. Recent solo exhibition venues include Galerie Daniel Buchholz, Cologne; galleria francesca kaufmann, Milan; the Govett-Brewster Art Gallery, New Plymouth, New Zealand; the Contemporary Art Gallery, Vancouver; greengrassi, London; and 1301PE, Los Angeles.

  • Graduate Fine Arts, Visiting Artist Lecture Series presents artist, Paradise Garage.

    Thursday, October 9th 11:15am - 12:30pm

    Graduate Studios: 10455 Jefferson Blvd Culver City CA 90230

     
  • Jennifer Moon

    Oct 14| Lectures
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    Artist, Adventurer, and Revolutionary 

    Phoenix Rising, Part 2: Eros vs. Agape is on view now in Made in L.A. 2014 at the Hammer Museum through Sept. 7th! 
  • Karen Tei Yamashita is the author of Through the Arc of the Rain Forest, Brazil-Maru, Tropic of Orange, Circle K Cycles, and I Hotel, which was a finalist for the National Book Award and awarded the California Book Award, the American Book Award, the Asian/Pacific American Librarians Association Award, and the Association for Asian American Studies Book Award.

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Federal Loans

There are four different kinds of Federal Loans available to students: Stafford Direct Loan, Parent PLUS Loan, Graduate PLUS Loan, and Perkins Loan. Below you will find more information on the Stafford Direct Loan. More information on the other loans can be found in the menu to the left.

 
STAFFORD DIRECT LOAN

The Stafford Direct Loan is a federally funded program.  Loan eligibility is determined by the Financial Aid Office with guidance from the Department of Education.  These funds must be repaid and can be used only for school-related expenses such as tuition, fees, books, supplies, and room and board.  The student must have a complete financial aid file, a signed Master Promissory Note, and the entrance counseling finished before loans are disbursed.

 

Students who are ready to borrow the Stafford Direct Loan should follow these instructions:

Step 1: Student makes a decision on their Loans on www.otis.edu/selfservice

Step 2: Log into www.studentloans.gov for new Direct Loan borrowers only

Click on:

  • "Complete Entrance Couseling".
  • "Complete Master Promissory Note" .

 

Students are highly encouraged to use the loan calculator to estimate their monthly payments on their student loans.

The fixed interest rate for the Undergraduate Subsidized and Unsubsidized Direct Loan is 4.66% with a 1.072% fee.

The fixed interest rate for the Graduate Unsubsidized Direct Loan is 6.21% with a 1.072% fee.

Repayment begins following a six-month grace period after the student leaves school or drops below half-time enrollment. Generally, a student has standard 10 years to repay the loan in monthly payments. Other repayment terms are available from the Department of Education.  The student must repay the total amount of the loan, including the loan fees. There is no prepayment penalty.

The subsidized loan interest is subsidized by the federal government while the student is in school at least half-time.  Starting July 1, 2013 the Department of Education restricts the period of time for which a borrower may receive subsidized loans, in the aggregate, to 150 percent of the published length of the student’s current educational program. Once the student reaches that limit, he or she may borrow only unsubsidized loans, and interest begins to accrue on the student’s outstanding subsidized loan.

The unsubsidized loan interest starts to accrue when the loan funds are disbursed.  The student has the option to pay the interest while in school, otherwise the interest is combined with the principal at the time of repayment.  Funds are disbursed per semester.

 Acedemic Levels

 Dependent Undergraduate

 Independent Undergraduate*

 Graduate Students**

 1st Year

 $3,500 sub

 $2,000 unsub

 $3,500 sub

 $6,000 unsub

$20,500 unsub

 2nd Year

 $4,500 sub

 $2,000 unsub

 $4,500 sub

 $6,000 unsub

$20,500 unsub

 3rd Year

 $5,500 sub

 $2,000 unsub

 $5,500 sub

 $7,000 unsub

 

 4th Year

 $5,500 sub

 $2,000 unsub

 $5,500 sub

 $7,000 unsub

 

* Students whose parents were not eligble for a parent PLUS loan will be offered Unsubsidized Stafford in the amounts on the independent students' chart.
** Graduate Graphic Design students are under a different loan structure.  Please contact  Financial Aid for details. 

The Stafford Aggregate Loan Limits are as follows:

Undergraduate Dependent Students

$31,000 (max $23,000 subsidized)

Independent Students (and dependent students whose parents cannot borrow PLUS)

$57,500 (max $23,000 subsidized)

Graduate Students beginning 2012 all loan disbursement are unsubsidized.

$138,500

 

Student who drop below half time are required to complete an exit counseling at www.studentloans.gov.