Loans

Federal Perkins (loan in student's name)

Loan is need-based. Student must be enrolled at least half-time. Available to freshmen and sophomores only. The interest rate is a 5% fixed rate. Repayment begins 9 months after student leaves school.

  • Amount: Up to $1500
  • Application: FAFSA, Perkins Promissory Note E-sign.
  • The student will need the FAFSA PIN to complete this process.
  • FAFSA Deadline: 03/10/2008
  • Perkins E-Signature Deadline 8/28/2008

Sign your 2008-2009 Perkins promissory note. Available May 15, 2008. (Student will need the FAFSA PIN to complete this process.)

Click here to do your Perkins loan exit counseling online.

*You will not be able to complete the Perkins loan exit counseling until you receive notification from University Accounting Service, our external loan servicing company.

Federal Stafford Loan (student loan)

Undergraduate Stafford Loan (enter student name and student SSN as borrower on application)

2007-2008 - Subsidized loan is need-based and student must be enrolled at least half-time. The interest rate for both Stafford loans is a 6.8% fixed rate. Repayment begins 6 months after student leaves school. Payment on Unsubsidized loan's interest is immediate or is capitalized.

2008-2009 - The Subsidized Federal Stafford is need-based and the student must be enrolled at least half-time. The interest rate is a 6% fixed rate. Repayment begins 6 months after the student leaves school. Unsubsidized Federal Stafford interest is a 6.8% fixed rate. Payment on Unsubsidized Federal Stafford loan's interest is immediate or is capitalized.

  • Amount: Up to $5500
  • Application: FAFSA, Stafford Application
  • Apply by June 1, 2008
  • Deadline: 01/31/2009

RETURNING BORROWERS CLICK HERE For 2008-09 Online Application for Federal Stafford Loan  IMPORTANT NOTE:  Student Loan Xpress (SLX) has withdrawn from the Federal Family Education Loan Program; therefore, SLX borrowers will be required to select a new lender as a First-time borrower below.

FIRST-TIME BORROWERS:  To start a 2008-2009 NEW Loan Application for an Undergraduate Federal Stafford Loan please enter the information needed below: PLEASE NOTE - if your loan is for either the  Fall term or for the whole year, enter AUG, 2008 in loan needed box.  If your loan is only for the Spring term, enter JAN, 2009.

Exit Counseling

for Stafford Loan Undergraduate Student                  

 

      

Graduate Federal Stafford Loan (MAHE, MBA, MES, MARS)
  • Amount:  Up to $20,500
  • Application:  FAFSA, Stafford Application
  • Apply by:  One month prior to start date
  • Deadline:  2 weeks prior to term end date

2008-2009 - Graduate Federal Subsidized Stafford Loan is need-based and the student must be enrolled at least half-time. The interest rate is a 6.8% fixed rate, and repayment begins 6 months after the student leaves school. Unsubsidized Graduate Federal Stafford Loan interest is also a 6.8% fixed rate. Payment on Unsubsidized loan's interest is immediate or is capitalized.

RETURNING BORROWERS CLICK HERE For 2008-09 online application for Graduate Federal Stafford Loan   IMPORTANT NOTE:  Student Loan Xpress (SLX) has withdrawn from the Federal Family Education Loan Program; therefore, SLX borrowers will be required to select a new lender as a First-time borrower below.

FIRST-TIME BORROWERS:  To start a 2008-2009 NEW Loan Application for a Graduate Federal Stafford Loan, please enter the information needed below:

EXIT Counseling

For Stafford Loan Graduate Student

         
Federal PLUS (enter parent name and SSN as borrower on application)

2007-2008 Federal PLUS Loan is non-need based.  The interest rate is a fixed 8.5% rate, with repayment beginning immediately.

 

2008-2009 Federal PLUS Loan is non-need based.  The interest rate is a fixed 8.5% rate, with repayment beginning immediately.

  • Amount: Cost minus other aid
  • Application: FAFSA, PLUS Application
  • Apply by June 1, 2008
  • Deadline March 30, 2009

RETURNING BORROWERS CLICK HERE For 2008-09 Online Application for Federal PLUS Loan.   IMPORTANT NOTE:  Student Loan Xpress (SLX) has withdrawn from the Federal Family Education Loan Program; therefore, SLX borrowers will be required to select a new lender as a First-time borrower below.

FIRST TIME BORROWERS:  To start a 2008-2009 NEW Loan Application for the Federal PLUS Loan, please enter the information needed below:  PLEASE NOTE - if your loan is for either the  Fall term or for the whole year, enter AUG, 2008 in loan needed box.  If your loan is only for the Spring term, enter JAN, 2009.

       

Alternative Loans

2007-2008 Alternative Loans

 

2008-2009 Alternative Loans require a co-signer and three references.  Variable interest rate, with no cap.

  • Amount: Cost minus other aid.
  • Deadline: Varies

To start the 2008-2009 Loan Application process for an Alternative Loan, please enter the information needed below:  PLEASE NOTE - if your loan is for either the  Fall term or for the whole year, enter AUG, 2008 in loan needed box.  If your loan is only for the Spring term, enter JAN, 2009.