Student Loans >
Types of Loans
Subsidized Stafford Loan Program
Students may borrow money for educational expenses directly from the William D. Ford Federal Direct Loan Program. Funds are transmitted electronically and credited to the student’s tuition account. Repayment of principal plus interest begins six months after graduation or withdrawal from school, whichever comes first.
Unsubsidized Stafford Loan Program
Federal Direct Unsubsidized Stafford loans are available to qualified students as a supplement to the subsidized Stafford loan program. Funds are transmitted electronically to the student’s tuition account. Interest on the Unsubsidized Stafford loan begins to accrue at the time of the first disbursement. Repayment of loans will begin six months after graduation or withdrawal from school, whichever comes first.