Loans

Federal Direct Stafford Loan

Federal Direct Stafford Loans are low interest loans. The loan must be used to pay for direct and/or indirect educational expenses. Subsidized Stafford loans are need-based. Repayment begins 6 months after the student graduates, withdraws from school, or falls below half-time enrollment status.

Federal Direct Plus Loan and Federal Direct Graduate Plus Loans

Federal Direct Plus Loans are available to parents of dependent undergraduate students or graduate students. However, these loans are not based on need, and when combined with other resources, cannot exceed the student’s cost of attendance. A credit check is required, and either or both parents may borrow through this program, or a graduate student may borrow through this program. Repayment begins within 60 days of final disbursement, or the borrower has the option to defer payments until the student graduates and/or withdraws from school. Information to select the payment option may be found at studentaid.gov.

For additional detail on the loan programs, please log on to the student portal and click on "Financial Services." You may also visit studentaid.gov information on federal loan programs.