For many students and families, educational loans are a necessary part of the process of paying for college. The Financial Aid Office offers and certifies loans for students, as well as federal Direct PLUS loans for parents of undergraduates. All of these loan programs offer low interest rates, deferment and forbearance options, and a maximum repayment period between 10 and 25 years.
Federal Direct Loans
The federal Direct loan is the most widely-used loan for college students and is available to both graduate and undergraduate students. There are two types of federal Direct loans and your eligibility for both is determined using your financial aid application.