Loans

PLUS loans are loans taken out by a student's parent. Eligibility is based on the student's cost of attendance, and past credit history. Parents can apply for a Parent Plus Loan by filing a Plus Loan Application available in the Student Financial Services Office or at a local bank participating in the Plus Loan Program.

Repayment- Begins 60 days after the last check of the Academic year is disbursed.
(Usually around May).

Fees- A 3% Federal Origination Fee will be deducted from your loan proceeds to

Current Interest Rates

Interest Rates change yearly and are based on the Treasury Bill in July (T-Bill) Stafford Loan "In school" 5.39%
Stafford Loan "In Repayment" 5.99%
Plus Loan 6.79%