Loans

A loan must be repaid with interest. A Free Application for Federal Student Aid (FAFSA) must be filed to be evaluated for loan assistance for all but the Minority Teacher Loan. Requiring a FAFSA will help ensure that students are taking advantage of the best financial aid programs including federal grants and loans prior to borrowing a private educational loan.

A minimum enrollment status of half-time (undergraduate 6 credits/graduate 4 credits, except for some alternative loan programs) is required to participate in all loan programs. Awards are for one academic year and require that the student complete a FAFSA or Renewal FAFSA each year to be considered for continuing eligibility.