Meet Cost

Summary Loan Chart

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Student Loan Program Type of Aid Other Information Award Limits Disbursement
Student Loan Program Type of Aid Other Information Award Limits Disbursement

Federal Perkins Loans

for undergraduate students only

who meet financial need and enrollment criteria

 

more information from Dept. of Ed.

Loan:
must be repaid.

You may consolidate your loans after school for extended repayment terms that lower your monthly payment

view terms at our student loan consolidation site: click here

 

These are low-interest rate loans (5%) available to students with exceptional financial need.

The loan does not charge origination fees.

See our aid section for more information

$4,000 for undergraduate students

Student must file the FAFSA form.

see FAFSA links

Your school becomes the lender using funds shared by the federal government.

You must repay this loan to your school.

Submit your application for Perkins Loans through your school.

Subsidized
Stafford Loan

for undergraduate and graduate students

who meet financial need and enrollment criteria

more product info

view special benefits via our partner

Loan:
must be repaid

You may consolidate your loans after school for extended repayment terms that lower your monthly payment

view terms at our student loan consolidation site: click here

Subsidized:
The Federal Government pays the interest while the student is in school and during grace and deferment periods.

Limited Requirements

  • no co-borrower
  • no credit check
  • no collateral

Rates:
view rates

Loan Amounts:
$2,625 to $18,500 annually, depending on grade level

Maximum Limit:
view chart

Direct Loans:
The federal government provides funds to schools.

The school then disburses funds to the student after payment of tuition and other school expenses.

FFEL:
Private lenders and banks provide funds to schools.

The school then disburses funds to the student after payment of tuition and other school expenses.

Unsubsidized
Stafford Loan

for undergraduate and graduate students

who meet financial need and enrollment criteria

more product info

view special benefits via our partner

Loan:
must be repaid

You may consolidate your loans after school for extended repayment terms that lower your monthly payments

view terms at our student loan consolidation site: click here

Unsubsidized:
The borrower is responsible for interest during the life of the loan

Requirements:

  • no co-borrower
  • no credit check
  • no collateral

Rates:
view rates

Loan Amounts:
$2,625 to $18,500 annually, depending on grade level

Maximum Limit:
view chart

Direct Loans:
The federal government provides funds to schools.

The school then disburses funds to the student after payment of tuition and other school expenses.

FFEL:
Private lenders and banks provide funds to schools.

The school then disburses funds to the student after payment of tuition and other school expenses.

PLUS Loan

Available to parents of dependent undergraduate students

more product info

view special benefits via our partner

Loan:
must be repaid

You may consolidate your loans after school for extended repayment terms that lower your monthly payments

view terms at our student loan consolidation site: click here

Requirements:

  • no co-borrower *
  • yes credit check *
  • no collateral

* Borrower must have a satisfactory credit. Parents who don't have satisfactory credit should apply with a creditworthy co-borrower.

Rates:
view rates

Loan Amounts:
Cost of attendance minus any other financial aid received

Direct Loans:
The federal government provides funds to schools.

The school then disburses funds to the student after payment of tuition and other school expenses.

FFEL:
Private lenders and banks provide funds to schools.

The school then disburses funds to the student after payment of tuition and other school expenses.

Grad PLUS Loan

Available to graduates and professional students

more product info

view special benefits via our partner

Loan:
must be repaid

You may consolidate your loans after school for extended repayment terms that lower your monthly payments

view terms at our student loan consolidation site: click here

Requirements:

  • no co-borrower
  • yes credit check
  • no collateral

* Borrower must have a satisfactory credit. Students who don't have satisfactory credit should apply with a creditworthy co-borrower.

Rates:
view rates

Loan Amounts:
Cost of attendance (includes tuition, room and board, books, and even travel) minus any financial aid received.

Direct Loans:
The federal government provides funds to schools.

The school then disburses funds to the student after payment of tuition and other school expenses.

FFEL:
Private lenders and banks provide funds to schools.

The school then disburses funds to the student after payment of tuition and other school expenses.

Private
Student Loans

for undergraduate and graduate students

more product info

Loan:
must be repaid

You may consolidate your private student loans after school for extended repayment terms that lower your monthly payments

view terms at our student loan consolidation site: click here

Qualifications:
Available to undergraduate or graduate student enrolled at least half-time in a degree or certificate program at an approved college or university

Requirements:

  • no co-borrower *
  • yes credit check *
  • no collateral

* Borrower must have a satisfactory credit. Borrowers who don't have satisfactory credit should apply with a creditworthy co-borrower.

Loan Amounts:
$1,500 to $30,000; the five-year maximum is $130,000

Funds disbursed directly to the student

Home
Equity Loans

for homeowners with equity value in their home

more product info

Loan:
must be repaid

Qualifications:
Available to homeowners with an equity position at qualified LTV ratios:

calculate your LTV position

Requirements:

  • no co-borrower *
  • yes credit check *
  • yes collateral

* Borrower must have a satisfactory credit. Borrowers who don't have satisfactory credit should apply with a creditworthy co-borrower.

Loan Amounts:
no annual limits. Total amount limited by the approved balance upon loan closing.

Home equity lines: funds available whenever needed upon writing a check.

Home equity loans: total funds disbursed to the homeowner upon closing.