Other Financing Options
Payment
Plans
When students and parents
are unable to pay all costs in full by the due dates, or if financial
aid will not be available until after the term begins, payment
arrangements must be made with the Office
of the Bursar.
Federal Direct
Parent PLUS Loan
A Direct PLUS Loan is a low-interest rate loan to help parents
pay for their child’s education beyond high school. The
U.S. Department of Education is the lender, not a bank or a credit
union. Direct PLUS Loan funds are usually applied directly to
your child’s
school account. A Direct PLUS Loan is not a grant or scholarship;
therefore, you must repay the money received. Parents can borrow
a Direct PLUS Loan for their child if he or she is a “dependent
student.”
Private Scholarship
Opportunities
Numerous private scholarship opportunities exist from companies
and philanthropic organizations.
Alternative Educational Loans
Alternative Loans are non-federal educational loans available
from a variety of national lending institutions. Minimums
and maximums vary for these loan programs but all require a satisfactory
credit history.
