Loans
A loan is a form of financial aid that must be repaid with interest. The Free Application for Federal Student Aid (FAFSA) must be completed to obtain the following loans:
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Federal Perkins Loans are low interest (5%) loans for both undergraduate and graduate students with exceptional financial need. These loans are awarded and processed by the school.
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Federal Stafford Loans are low interest government backed loans which can be used to pay higher education expenses.
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Federal PLUS Loans are loans available to eligible parents or stepparents of a dependent undergraduate student. These loans require a credit check. The parent is the borrower and is responsible for repaying the loan.
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Federal Graduate/Professional PLUS Loans are loans available to graduate or professional students. These loans require a credit check.
UHEAA offers excellent loan discounts (borrower benefits) on Stafford and PLUS loans. For more information please click here.
