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Loans

Students may be eligible for a student loan assigned from the following sources:  

Federal Stafford Loans 
Most students who are at least half time and eligible for financial aid may take out a Federal Stafford Subsidized or Unsubsidized Loan. The Federal Stafford Plus Loans are long-term loans made available to parents, non-traditional, and independent students to help pay college expenses for dependent students. Students who need loan money to pay their bills should be aware of the time factor involved in the receipt of funds. It is imperative to file for financial aid and send all needed documents in a timely manner. Loans are processed only after receipt of a signed award letter from the student, and the student is registered for classes. After the student returns the signed promissory note to the lender, funds are received by the university. 

Perkins Loans
The university is authorized by the federal government to grant loans if financial assistance exists. The availability of the loans is dependent upon federal legislation and available funds, and are awarded to undergraduate students only. 

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