Student Loans
Loans provide a major form of self-help for many students. The loan programs administered by the U.S. Department of Education (Perkins, Stafford) allow students to borrow at low interest rates to pay for their educational expenses, and to repay these loans after they stop attending school. The PLUS loan allows parents of dependent undergraduate students to borrow money to help the student pay for college, and to extend the repayment over a period of years. In addition to these federal programs, students can also take advantage of alternative loans, credit-based student loans offered by private lenders. For more information, see below:
- PLUS Loans (Undergraduates)
- Graduate PLUS Loans (Graduate Students)