Description and Explanation of Loans

Student loans are low cost ways to finance your educational expenses. They 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 the scholarships or other grants you are offered, you may want to consider borrowing a student loan.

There are two main types of loan programs from which students can borrow:

Federal Loans

Alternative/Supplemental Loan Options

Entrance/Exit Counseling