Financial Aid

There are several types of student loans. In order to receive a student loan you must be accepted into an eligible program of study, be enrolled for 6 credits or more, not be in default on any federal loans, and you must have completed the Free Application for Federal Student Aid (FAFSA).

• Federal Stafford Loans
• Federal Parent Loan for Undergraduate Students (PLUS)
• Private/Alternative Loans

Taking out a student loan is a serious commitment. Most loans enter repayment 6 months after you graduate or drop below half-time enrollment. Because borrowing is a major decision, please review the following links for tips on deciding whether you should borrow as well as the consequences of not paying back your loan.

• Caution about Student Loans
• Consequences of Default

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