We participate in the Direct Loan Program. We are required to monitor total loan amounts borrowed and recommend student borrowing accordingly. We pro-rate loans according to unmet financial need, unmet cost of attendance, program, length of program and time of the term.
If you choose to borrow a private/alternative loan, you must report those loan amounts to the Office of Financial Aid.
Alternatives to Student Loans
Remember! What you borrow now is what you will have to repay later. Ask yourself what you need and what you want to still be paying for in ten years.
** Based on a Standard 10-Year Repayment Plan with 6.8% interest (unsubsidized loan rate prior to 13-14 school year). Income-based payment plans may decrease monthly payment but increase the number of payments and total amount repaid. Go to FinAid.org or FSA Direct Loans to determine your estimated payments.