It is the policy of the Financial Aid Office to process Stafford loans as well as parent PLUS and alternative loans for the full academic year (Fall and Spring).  The only exception to this policy would be if a student is graduating.  At that time, their loan will be prorated based upon the number of hours enrolled.

Federal Family Education Loan (FFEL) Programs

Federal Subsidized
Stafford Loan

Awarded on the basis of financial need.  The federal government pays your interest while you are in school or during your grace period.

Federal Unsubsidized
Stafford Loan

Not awarded on the basis of financial need.  The federal government does not pay the interest.  You are responsible
for all the interest that must be paid or allowed to accrue capitalized.  If your interest is capitalized, your repayment amount will increase.

PLUS Loans (Parent Loans)

Not awarded on the basis of financial need. Parents of dependent undergraduate students with a good credit history may apply for the PLUS loan.  Loan amount cannot exceed cost of attendance minus other financial aid.  Repayment starts within 60 days after the loan is fully disbursed.

Private Alternative Education Loans

Private alternative education loans are designed to help finance students' education by filling in the gap between financial aid and estimated total cost of attendance. 

Grad PLUS

Graduate and professional students have a low-cost option for financing their education. The Grad PLUS loan is not based on financial needs; credit guidelines apply in determining your eligibility. Grad PLUS loans allow you to borrow up to 100% of the cost of your education minus other financial aid you receive.

Eligible Borrower Form - If you had loans discharged due to disability and are reapplying for loans, this form must be completed by your physician.