Students are eligible to take out students loans if they qualify. The types of student loans available are listed below. All federal student loan information can be tracked at www.studentaid.gov.
Direct Loans: Subsidized and Unsubsidized
Subsidized loans are need based and are available to students enrolled on at least a half-time basis (minimum 6 credits). Unsubsidized loans are available to all students enrolled at least part time.
Direct PLUS (Parent Loans for Undergraduate Students)
PLUS loans are for parent borrowers of students classified as Dependents. This loan provides additional funds for educational expenses
Direct Grad Plus
Federal Grad Plus loans have been available to graduate students. Repayment begins 60 days after the loan is disbursed.
For more information, students can track their students loans at www.studentaid.gov. This website provides students with information regarding all loans that they have taken out during their time in college.
All students enrolled with at least 3 credits may be eligible to apply for credit-based financing, which is intended to supplement the Stafford loan. Please speak with a Financial Aid counselor for more details on these loans.