Years five and six of the Pharmacy program entail coursework that is considered to be at the post-baccalaureate level. For financial aid purposes, this means that in years five and six of the program, you are identified as a "professional or graduate level student". Students enrolled at this level of study in the Pharmacy program are independent for financial aid purposes and only qualify for financial aid available to graduate and professional students. Typically, this financial aid includes the federal unsubsidized Direct Loan (with an annual loan maximum of $33,000), Graduate Direct PLUS Loan (after the student has used his/her unsubsidized loan eligibility for the year), and private loans. Currently enrolled fifth and sixth year Pharmacy students do not qualify for any federal, state, or institutional grants or scholarships. However, effective with the class entering their freshman year at the University in the fall of 2022, academically successful Pharmacy students will retain 30% of their merit-based scholarship, per year, in the final two years of the professional program.