Students can borrow loan funds when other sources are not sufficient to cover tuition expenses. We encourage students to maximize scholarships and summer earnings in order to minimize overall loan debt.

  • STUDENT Loan Options

    REMEMBER: Loans must be repaid! Any loan amount that is borrowed will have to be repaid along with any interest that accrues on a student loan. Loans should only be used after all other sources of income have been utilized. Both students and parents are eligible to borrow loans to help cover the cost of education. Please note that students should exhaust their eligibility in the federal direct loan programs before borrowing through a private student loan program. 

    • Direct Subsidized/Unsubsidized Loans
      • Student loans provided by the federal government
      • These loans typically have a lower interest rate with more repayment options
      • We encourage you to utilize these loans before pursuing other loan options
    • Student Alternative Loans
      • Student loans provided by various private lenders
      • Students are free to choose any lender, including those not presented
      • These loans typically require a co-signer and the interest is often higher than the federal direct loans with limited repayment options
      • The approved interest rate is typically based on the credit of the co-signer
      • Students are able to apply for multiple loans in order to compare approved interest rates and notify our office which loan will be pursued
  • PARENT Loan Options

    REMEMBER: Loans must be repaid! Any loan amount that is borrowed will have to be repaid along with any interest that accrues on a student loan. Loans should only be used after all other sources of income have been utilized. Both students and parents are eligible to borrow loans to help cover the cost of education. Please note that students should exhaust their eligibility in the federal direct loan programs before borrowing through a private student loan program.

    • Direct Parent PLUS Loan
      • Educational loans provided by the federal government that parents can borrow to help cover educational costs of their students
      • These loans have a fixed interest rate and payments can be deferred while the student is enrolled in school
      • Interest starts accruing once the funds are disbursed onto the student’s account
      • There is an origination fee for this loan
      • These loans are a parent loan and cannot be transferred to the student for repayment
    • Parent Alternative Loans
      • Parent loans provided by various private lenders
      • Parents are free to choose any lender, including those not presented
      • Parents are able to apply for multiple loans in order to compare approved interest rates and notify our office which loan will be pursued
      • These loans are a parent loan and may or may not be transferred to the student for repayment (check with the individual lender)

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