Student loans are low-cost ways of financing your graduate and professional education, generally have lower-than-market rates of interest and fees and often have the option to defer payment until after you have completed your program.

If you are unable to pay for all of your costs of education out of your resources or a combination of your resources and scholarships or other grants you are offered, you may want to consider borrowing a student loan. There are three types of student loans that the University of St. Thomas offers to graduate and professional students:

• Federal Direct Loans (subsidized and unsubsidized)
• Federal Direct Graduate PLUS Loans
• Private Educational Loans