Types of Loans Available

Loan programs are available for both students and parents.  Loans are borrowed monies that generally carry a low interest rate and must be repaid.

Federal Perkins Loan -- The Federal Perkins Loan is a campus-based federal program which is awarded to students on the basis of financial need. It is interest free and nonrepayable until nine months after termination of education, at which time it becomes repayable at five percent interest.

Federal PLUS Loan -- This loan program is available to parents who have no adverse credit history.  Repayment of a PLUS loan generally begins within 60 days of disbursement at a variable annual interest rate.

Federal Stafford Loan Program   --The Federal Government offers both Subsidized and Unsubsidized Federal Stafford Loans.  These are low interest loans created to help you pay for your education.  The Financial Aid Office will determine your eligibility for loans, based on your financial need as determined from the Free Application for Federal Student Aid.
    Choosing a Lender
    Repayment Calculator
    On-Line Entrance & Exit Interview

Alternative Loans


                                                                                                                                                                                                                                              Revised 04/17/00