Student Loans

Federal Perkins Loans

Federal Perkins Loans are need-based, low-interest loans provided through the school, based on funds available, to full-time or part-time undergraduate and graduate students who demonstrate financial need.  Repayment to the school begins nine months after the recipient graduates, leaves school, or drops below half-time enrollment.

Direct Subsidized Loans

Direct Subsidized Loans are need-based, low-interest loans provided to eligible undergraduate students attending at least half-time.  The U.S. Department of Education pays the interest on the loan while the student is in school at least half-time. Repayment begins six months after the recipient graduates, leaves school, or drops below half-time enrollment.

Direct Unsubsidized Loans

Direct Unsubsidized Loans are non-need-based, low-interest loans provided to eligible undergraduate and graduate students attending at least half-time.  Undergraduate students must first be determined ineligible for a Direct Subsidized Loan. The U.S. Department of Education does not pay the interest on unsubsidized loans. Repayment begins six months after the recipient graduates, leaves school, or drops below half-time enrollment.

Entrance Counseling (First Time Freshman)

All first-time borrowers are required to complete online entrance counseling before loan funds are disbursed.  Exit counseling is required each time a loan recipient graduates, leaves school, or drops below half-time enrollment.

Direct Parent Loans for Undergraduate Students (PLUS)

Direct Parent Loans are non-need-based loans available to creditworthy parents of dependent undergraduate students attending at least half-time. Repayment begins within 60 days of final disbursement.