Financial Aid
Educational loans come from a variety of sources. The federal government, for example, sponsors several loan programs that offer below-market interest rates and other beneficial features. Other loan options, such as private bank loans, provide valuable help to students who may not qualify for federal loans. Questions? Contact the Financial Aid Office.
Loan Options
- Federal Stafford Loans
- These loans offer low interest rates. Depending on your need and your classification, you may not have to pay interest on Stafford loans while you’re in school.
- Perkins Loans
- This campus-based loan program is for students with exceptional financial need. The interest rate is only 5 percent, and no interest accrues while you’re in school.
- Alternative Loans
- If you don’t qualify for a federally funded loan like the Stafford or Perkins, you may be able to finance your education with a private loan.
