Federal Student Loans
- Eligibility is determined by the school each academic year based on federal guidelines, including annual and aggregate loan limits.
- Loans cannot exceed the Cost of Attendance.
- Undergraduate students graduating in December will have their loans prorated based on enrolled hours in their graduating semester.
- Students not meeting Satisfactory Academic Progress (SAP) requirements are ineligible for federal loans, including Parent PLUS Loans.
Alternative/Private Student Loans
- Private loans require lender approval but cannot exceed the Cost of Attendance.
- Some lenders require good Satisfactory Academic Progress (SAP) and at least half time enrollment. Be sure to check the lender's specific eligibility requirements.
- Terms, interest rates, and eligibility vary by lender.