Grants & Loans

Loans

Unlike your grants and scholarships, which are automatically credited to your student account, the student or parent borrower must initiate the loan online.     

Several factors will help you determine which loan program(s) might be best for you and your family.

Federal Sub Stafford Federal Unsub Stafford Federal Plus/Parent Private Loan

Student Loan

Need-based

5.05% interest

1.066% origination fee

Learn More

Apply for SUB

Student Loan

Non-need-based

5.05% interest

1.066% origination fee

Learn More 

Apply for UNSUB

Parent Loan

Requires a credit check

7.60% interest

4.276% origination fee

Learn More

Apply for PLUS

Don’t Qualify for PLUS?

Student and Parent Loans

May require a cosigner

 Interest and origination fees vary

ELM Select - Preferred Lender List

 Apply for Private