Loans

Financial Aid Deadlines

Fall Semester: June 1st

Spring Semester: Nov 1st

Summer Semester: April 1st

If the deadline has passed, you are still allowed to submit applications and documents.

Students submitting items after the deadline should be prepared to pay tuition and fees then allow the amount of time listed to receive reimbursement.

Processing Time for Document Submission:

September - April
Allow 8 weeks processing time

May - August
Allow 12 weeks processing time

Loans

Federal Subsidized Stafford Student Loans - A Subsidized Stafford Loan is a federally funded loan available to degree-seeking students who demonstrate financial need. Borrowers have their interest paid by the federal government while attending college at least half-time. The interest rate is variable, but will not exceed 8.25%. Repayment begins six months after a student graduates, leaves school or drops below (at least) half-time enrollment.

Federal Unsubsidized Stafford Loans - An Unsubsidized Stafford Loan is available to degree-seeking students regardless of financial need. Unlike the Subsidized Stafford Loan, the student is responsible for the interest while he/she is attending school. The interest can be paid quarterly or can be capitalized; meaning the interest will build on the principle.

Federal Parent Loan for Undergraduate Students (PLUS) - A parent can borrow a Federal Parental Loan for Undergraduate Students (PLUS loan) to help pay the cost of a dependent's post-secondary education.

Links of Interest

Federal Stafford Loan Information & The Student Guide - comprehensive resource on student financial aid from the U.S. Department of Education. Grants, loans, and work-study are the three major forms of aid available through the Department's Federal Student Aid office. Updated each award year, The Student Guide tells you about the programs and how to apply for them. It is available in both English and Spanish.