Federal Direct Loans

Federal Direct Loans are available to students who are U.S. citizens and permanent residents, regardless of the demonstration of eligibility for need-based aid.


Federal Direct PLUS Loans

Federal Direct PLUS Loans are for parents of undergraduate students, and are available regardless of whether the family demonstrates eligibility for need-based aid.


Private Loans

Typically Federal Direct Loans have fixed interest rates and lower fees than private loans. However, if you believe that you would qualify for lower interest rates because of a good credit history, it could be beneficial to research private loan options.

Private loans are credit-based, educational loans from lenders such as private banks and are available to students enrolled in an eligible program on at least a half-time basis.

It is important to review and understand information about loan repayment, loan forgiveness and loan consolidation prior to borrowing. This information will help you understand your obligations and options under the federal loan programs.


Federal Loan Repayment

There are various federal loan repayment plans available to borrowers. Borrowers are able to select the loan repayment plan which best suits their needs.


Public Service Loan Forgiveness

Direct Loan borrowers can have their Federal Direct Loans forgiven through public service.


Federal Loan Consolidation

Borrowers who have multiple federal loans can consolidate these loans into one loan.