Student and Parent Loans

Once students file their FAFSA, they may be eligible for three federal loans: the Direct Unsubsidized Loan, Direct Subsidized Loan, and Parent PLUS Loan.

Direct Student Loan

  • Almost all students are eligible for a Direct Loan.
  • Amounts range from $5,500-$20,500, depending on grade level and dependency status.
  • Interest on the loans is fixed and may be subsidized or unsubsidized.
  • Direct Subsidized Stafford Loans have a 2.75 percent interest rate; Direct Unsubsidized Loans have a 2.75 percent interest rate (4.3 percent for graduate students).
  • Repayment begins six months after a student graduates or ceases to be enrolled at least half-time.
  • Click here to apply for a Direct Loan.

Parent PLUS Loan

  • Parents borrow money for their students.
  • Parents must pass a credit check to receive the loan. If a parent is denied, the student will be eligible for more Direct Unsubsidized Loan funds.
  • Interest is unsubsidized and fixed at 5.3 percent.
  • Borrowers may choose to begin repayment immediately or six months after their student graduates or cease to be enrolled at least half-time.
  • Click here to apply for a Parent PLUS Loan.

*2020-2021 amounts

Apply for Loans

Direct Student Loans
Alternative and Private Loans

Parent PLUS Loan
Alternative and Private Parent Loans

Loan Counseling
Loan Entrance Counseling
Loan Exit Counseling