follow christ, lead the way

student loan programs

private loan

  • demonstrate financial need

subsidized federal direct loan

  • demonstrate financial need
  • must be enrolled at least half time
  • graduate students not eligible
  • $3,500 year 1
  • $4,500 year 2
  • $5,500 year 3-5
  • interest paid by federal government while student is enrolled at least half time

unsubsidized federal direct loan

  • must be enrolled at least half time
  • dependent students whose parents are denied for a parent plus loan are eligible for an additional $4000-5000 per year.
  • $2,000-6,000 year 1
  • $2,000-6,000 year 2
  • $7,000 year 3-5
  • interest must be paid by student during study or added to principal

federal plus loan (for parents)

  • student must be enrolled at least half time
  • up to the cost of education less any financial aid
  • variable interest rate determined each july