What are Loans?Education loans consist of money that is borrowed by a parent or student from a lender or the Federal Department of Education to assist with educational expenses. Education loans require repayment with interest.
Types of LoansStafford Loans
Federal Parent PLUS Loans
Federal Graduate PLUS Loans
Student Access Loan
What am I eligible for?
How to Apply for a Loan
How to Keep LoansAvoiding Default
In order to continue receiving Stafford loans and other Federal Financial Aid, you cannot default on a Stafford loan. If you default on a Stafford loan, you will not be eligible for Federal or State Financial Aid until the loan is no longer in default. If you default, your Stafford loan lender can discuss with you specific rehabilitation methods to remove the default status. Visit the Avoiding Default website for useful tips and helpful advice.
Calculating Your Loan Repayment
Use this Loan Calculator to determine your loan repayment amounts and the time it will take you to repay them.