Federal Subsidized Stafford Loans
This loan is need-based. The federal government pays the interest while the students is in School and during grace period before repayment begins
Federal Unsubsidized Stafford Loans
This loan is available to all students. The terms are the same as the Federal Subsidized Stafford Loan except that the borrower is responsible for the interest that accrues before repayment.
Health Professional Students Loans
This subsidized loan is available to students who demonstrate exceptional financial need. The loan interest is 5% fixed. (Parental financial data are required)
Loans for Disadvantage Students
Long term, low-interest (5%) loan for eligible students who meet federal definition of “disadvantage background” (parental financial data is required).
Grad PLUS Loan
This is a low rate loan for graduate students, have a fixed interest rate of 8.5%. More importantly, education loans interest are deductible. You can take up to 10 years to repay. Grad PLUS require a basic credit check, but are not made based on income or asset require no collateral.
Federal State Grants
Some amounts of federal and state grants are available.
These loans provide supplemental funding when other financial aids do not cover costs. Alternative loans, also known as private loans, help bridge the gap between the actual cost of education and the limited amount the government allows you to borrow in its programs. Alternative loans are offered by private lenders (banks or other financial in institutions) and there are no federal forms to complete, inline federal loans for these private loans may set credit criteria and consider borrowers credits score.