Loans

Loans to help pay for college expenses are available for both students and parents. Loan funds must be repaid. Applying for most loans requires completion of the FAFSA.

Federal Direct Loans
Federal Direct Loans are the most commonly awarded low-interest student loans from the U.S. Department of Education. Federal Direct Loans can be subsidized or unsubsidized and require students to be registeredd at least half-time. The Annual Student Loan Acknowledgement must be completed before a borrower can receive the first disbursement of the first loan the borrower receives for a particular award year. Learn more here.
General Information | Instructions | MPN & Entrance Counseling | Graduating & Repaying | Rights/Responsibilities

Federal PLUS Loans
Federal PLUS Loans are available for parents of dependent students and for graduate students. Students must be registered at least half-time. The Annual Student Loan Acknowledgement must be completed before a borrower can receive the first disbursement of the first loan the borrower receives for a particular award yearLearn more here.
Parent PLUS Loans | Graduate PLUS Loans

Alternative Loans
Federal loans typically offer a better long-term borrowing option; however, alternative loans offer a quick yet competitive lending alternative for those who have exhausted federal loan eligibility. Interest rates and terms vary among lenders.
General Information | Finding a Lender | Applying for an Alternative Loan

Repaying your Loans
The U. S. Department of Education provides repayment information for federal loans, including types of repayment plans, interest rates, calculating your monthly payments, postponing repayment, and consolidating your loans.
General Information | Deferment | Loan Consolidation | Repayment Video