Loans

Online Entrance Interview
Before your school disburses your Federal Stafford Loan, regulations require that you complete an entrance counseling session. The counseling session provides information about how to manage your student loans, both during and after college. Click here for the entrance interview.

Online Exit Interview
Before you graduate (or if you drop below half-time attendance), regulations require that you complete an exit counseling session. The counseling session provides information about how to manage your student loans after college. Click here for the exit interview

Federal Family Education Loan Program

Federal Stafford Loans

Stafford Loans are Federal Family Educational Loans (FFEL) which undergraduate and graduate students, enrolled at least half-time in an eligible academic program, can borrow from participating banks to pay for their educational expenses.  Federal Stafford Loans must be repaid and are either subsidized or unsubsidized. 

Both subsidized and unsubsidized loans accrue interest while the student is enrolled in school.  However, for the Subsidized Stafford, the interest is paid by the federal government while you are in school and during the deferment period.  Students with sufficient financial need will be offered a subsidized loan.  If you borrow Unsubsidized Stafford, you will be responsible for the interest on your loan.  The interest may be paid during school or added to the principal when repayment begins.  Students with limited financial need may be offered funds from both the Subsidized and Unsubsidized Stafford Loan programs in amounts that total the student’s annual eligibility.

• This is a need-based loan.
• Interest on the loan is paid by the federal government while you are in school, during your grace period, and authorized periods of deferment.
• The interest rate will be fixed at 6.8%.
• You must be enrolled at least half-time in an eligible academic program to qualify.
• Repayment of principal balance begins six months after you are no longer enrolled on at least a half-time basis.

Federal Stafford Loan - Unsubsidized

• This is not a need-based loan.
• You are responsible for paying the interest on your loan from the date of disbursement.
• The interest rate will be fixed at 6.8%.
• You must be enrolled at least half-time in an eligible academic program to qualify.
• Repayment of principal balance begins six months after you are no longer enrolled on at least a half-time basis.