Saint Louis University Header Logo Center
Student education loans provides you with extra funds to greatly help purchase your training at Saint Louis University. The government that is federal a variety of education loan programs, but personal funding can be available. To qualify for federal figuratively speaking, you’ll need certainly to finish the complimentary Application for Federal scholar help (FAFSA).
The Direct PLUS Loan system is yet another borrowing selection for parents of reliant undergraduate students which will help purchase training costs perhaps maybe not included in other aid that is financial.
A credit check, done by the U.S. Department of Education money shop payday loan in the right time of application, is needed to figure out eligibility for PLUS loans. The utmost loan quantity could be the price of attendance (as decided by SLU) minus every other economic support that you’ve gotten, you should always be careful never to borrow a lot more than you really can afford to settle. A financial aid counselor if you have any questions about determining the right amount for your situation, contact.
What goes on if My Federal PLUS Loan is Rejected?
You can still find choices to help pay money for your training if you’re maybe perhaps perhaps not qualified to receive a PLUS loan. You a federal Direct Unsubsidized loan ($4,000 for freshman and sophomores; $5,000 for juniors and seniors) if you are denied, SLU’s Office of Student financial Services may offer.
Checking out loans from a personal loan provider is an alternative choice. Nevertheless, because these loans frequently have adjustable, uncapped interest levels, we encourage you to definitely exhaust federal loan programs first. (altro…)