Loans are borrowed funds that must be repaid with interest. All federal student loans require the FAFSA to be filed.
Federal Stafford Loan for Undergraduates Federal Stafford Loans are federal loans available to degree-seeking undergraduate students enrolled at least half-time. Half-time at SU is defined as six credit hours for undergraduates. Stafford Loans are can be subsidized and/or unsubsidized.
Federal Parent PLUS Loan Federal Parent PLUS Loans are federal loans parents can borrow to pay for their dependent student’s educational expenses.
Federal Perkins Loan A Federal Perkins Loan is a fixed five percent interest loan for undergraduate students with financial need.
Federal Nursing Loan A Federal Nursing Student Loan is a fixed five percent interest loan for students who are enrolled at least half-time in the Bachelor’s in Nursing program who demonstrate exceptional financial need.
Alternative/Private Loans Alternative/private student loans are outside funds borrowed from a bank or lending institution and not part of the Federal Student Aid Program. Accordingly, it is not necessary to file a FAFSA or other federal forms in order to