Perkins Loan

Eligibility Requirements:

  • United States citizen or an eligible noncitizen with a valid social security number
  • Working toward a degree in an eligible program 
  • Enrolled at least half time
  • Registered with the Selective Service (males between the ages of 18 and 25 )
  • Maintain Satisfactory Academic Progress (SAP)
  • FAFSA completion

Details:

  • 5% fixed interest rate
  • 0% origination fee
  • Payments and interest deferred while enrolled at least half time
  • No pre-payment penalties
  • Nine month grace period

How to apply:

 

Direct Unsubsidized Stafford Loan

Eligibility Requirements:

  • United States citizen or an eligible noncitizen with a valid social security number
  • Working toward a degree in an eligible program 
  • Enrolled at least half time
  • Registered with the Selective Service (males between the ages of 18 and 25)
  • Maintain Satisfactory Academic Progress (SAP)  
  • FAFSA completion

Details:

  • 6.8% fixed interest rate
  • 1% origination fee
  • Payments deferred while enrolled at least half time
  • No pre-payment penalties
  • Six month grace period

How to apply:

                                      

Grad PLUS Loan

Eligibility Requirements:

  • United States citizen or an eligible noncitizen with a valid social security number
  • Working toward a degree in an eligible program 
  • Enrolled at least half time
  • Registered with the Selective Service (males between the ages of 18 and 25 )
  • Good credit history
  • Maintain Satisfactory Academic Progress (SAP)
  • FAFSA completion

Details:

  • 7.9% fixed interest rate
  • 4% origination fee
  • Payments may be deferred while enrolled at least half time
  • Payments become due within 60 days after the loan is fully disbursed or within 45 days after deferment end date.

How to apply: