STAFFORD LOANS

Stafford Loans, available for both undergraduate and graduate students, are low-interest federal loans and are one of the most commonly used student loans. The interest rate is fixed at 6.8%. Stafford Loans are either Subsidized (the government pays the interest while you are in school, during grace and approved deferment periods) or Unsubsidized (you pay all the interest, and payments can be deferred until after you leave school.)

If you wish to accept your Stafford Loan eligibility, please complete Steps 1 & 2 below:

STEP 1 - Complete the Entrance Counseling

STEP 2 - Complete the Master Promissory Note (MPN)

PLUS LOANS

The Parent Loan for Undergraduate Students (PLUS) is part of the Federal Family Education Loan Program (FFELP). Provided at a low interest rate of 8.5%, a PLUS loan allows you to fund up to 100% of the cost of your student's education less any financial aid already awarded. It's a cost-effective alternative to using savings, income, retirement accounts or home equity loans for education costs. This loan is based on credit, but if a parent is denied the PLUS loan, the student may borrow additional funds on their Stafford Loan.

To apply for a PLUS Loan, click here.