For detailed information on the following types of aid, follow these links State and Federal Aid (PDF) and Alternative loans.
CHOOSING A LENDER (Word) --Selecting your student loan lender
Refund Checks will be available to students on September 2.
Summer School Supplement form (PDF) is available and must be turned in by April 1st to be considered for Summer Financial Aid
Your financial aid package may include low-interest loans offered by the federal government. Typically, you wont have to begin repaying these loans until after graduation (unless you withdraw from school). When you apply for financial aid, youll automatically be considered for one of these loans.
Federal loans include:
The Perkins Loan:
What is it? A low-interest loan for students demonstrating exceptional financial need
Interest rate? Fixed at 5 percent
Deadline? Due to limited funds, apply by March 31 for top priority
Direct Loans
Using the Direct Loan Program, students borrow directly from the federal government. The Direct Loan Program includes:
Direct Subsidized Loans (Federal Direct Stafford/Ford Loans)
What are they? Loans for students with financial need
Interest rate? 6.8 percent fixed
Deadline? None
Direct Unsubsidized Loans (Federal Direct Unsubsidized Stafford/Ford Loans)
What are they? Loans for students not based on financial need
Interest rate? 6.8 percent fixed
Deadline? None
Federal Direct PLUS Loans
What is it? A loan for parents of dependent students not based on financial need. The maximum amount a parent may borrow cannot exceed the students budget minus any awarded financial aid.
Interest rate? 7.9 percent fixed
Deadline? None
Non-Federal Loans
Some students choose to supplement federal loans with loans from private lenders. We recommend that you choose a lender from this list of alternative private lenders.