Loans

View and Accept Your Award

Federal Student Loan Programs

The amount you may borrow through the Perkins and Stafford Loan programs is indicated on your award letter.

Federal Perkins Loan

  • Based on financial need and awarded to students demonstrating greatest need
  • 5% fixed interest rate; no fees
  • Interest-free while enrolled at least half-time
  • Repayment begins nine months after student is no longer enrolled at least half-time

Direct Subsidized Loan

  • Based on financial need
  • 3.86% fixed interest rate on loans disbursed on or after July 1, 2013
  • Interest-free while enrolled at least half-time
  • Repayment begins six months after student is no longer enrolled at least half-time
  • 1.051% origination fee
  •  Apply Now for 2013-2014

Direct Unsubsidized Loan

  • 3.86% fixed interest rate
  • Interest accrues while student is enrolled. (Student is encouraged but not required to pay interest while in school.)
  • Repayment begins six months after student is no longer enrolled at least half-time
  • 1.051% origination fee
  • Apply Now for 2013-14

Federal PLUS Loan (for Parents)

A parent/stepparent takes out the loan listed below on behalf of a student, and is responsible for repaying the loan.

Loan Information & To Apply Interest Rate Fees Maximum Annual Loan Amount
Federal PLUS Loan (2013-14) 6.41% 4.204% Cost of attendance less all other aid

Additional Loan Options

Private Student Loans (DEAL, Discover, iHELP, SELF, Wells Fargo)

  • Loan is taken out by the student with a credit worthy cosigner.
  • Interest rate is determined by the lender
  • Fees are determined by the lender

For loan comparisons and to apply click on the appropriate link:

CSB Students

SJU Students