Loans

Most students must rely on educational loans to cover at least some portion of their educational costs. Educational loans are available to undergraduate and graduate students as well as parents of undergraduate students. Student loan borrowing is an investment in your future. When deciding to borrow, it is very important that you are obtaining the best possible loans available to you in terms of interest rates and repayment options.

Federal student loans are the most favorable type of educational loans for students. You are advised to get all the federal loans you qualify for before you consider private educational loans.

When you file the FAFSA, the Office of Student Financial Services automatically considers you for federal educational loans.

Federal Perkins Loan
This loan program is available to students that demonstrate very high financial need.

Federal Direct Loan
This loan program is available to all students.

Federal Direct PLUS Loan
This program is available to parents of undergraduate students and to graduate students, who need funding beyond the Perkins and Direct loans.

Private Alternative Loans
Students who need additional funds after considering the federal student loans listed above or students who are ineligible for federal aid - may need to apply for an alternative loan.