Federal Perkins Loans

Perkins Loans are based on financial need and are awarded and borrowed directly from a college or university using federal funds. Loan Program Details

Federal Stafford Loans

Federal Stafford Loans are the most common student loans. These loan funds are provided by the U.S. Department of Education. There are two types of Federal Stafford Loans, subsidized and unsubsidized. Loan Program Details | Repayment Plans

Parent PLUS Loans

Parent PLUS loans are provided by the U.S. Department of Education to parents of dependent students to cover educational costs. PLUS loans may be borrowed in addition to or instead of Federal Stafford Loans. Loan Program Details | Repayment Plans

Grad PLUS Loans

Grad PLUS loans are provided by the U.S. Department of Education to graduate/professional students to pay unmet educational expenses. They may also be used as an alternative to private student loans.
Loan Program Details | Repayment Plans

Private/Alternative Loans

Private educational loans are offered by private lenders and are not eligible for any federal student loan benefits, including loan forgiveness programs. Students should exhaust all other financial aid options before taking out a private loan. [Tips for Researching Private Loan Lenders]

• The grace period and interest rate vary by lender.
• The borrower is usually responsible for paying all interest that accrues from the time the loan is disbursed until the loan is paid in full.
• Deferment and forbearance options are usually limited and vary by lender.
• Calculate estimated loan payments with a repayment calculator.

Financial Awareness Counseling

This interactive tool provided by the U.S. Department of Education helps student loan borrowers better understand their financial obligations. Read More