Student loans are borrowed money that must be repaid, with interest, just like car loans and mortgages. However, with the low interest rates and flexible repayment options, student loans can be a much needed answer for funding your education!

These loans are available to both undergraduate and graduate students. You must be enrolled at least half-time (6 credit hours) to be eligible. For current interest rates you can go to Repayment is deferred until 6 months after the student graduates, withdraws, or drops below half time!

Subsidized Stafford Loans: The student must have financial need to qualify. The U.S. Department of Education pays the interest that accrues while the student is enrolled at least half-time.

Unsubsidized Stafford Loans: The student is not required to have financial need to qualify. The student is responsible for the interest that accrues, but has the option to defer the interest.

How do I apply for a loan? You must first complete online loan entrance counseling, and then complete a master promissory note. Each of these steps can be completed by going to