A loan is borrowed money that must be repaid, usually with interest. There are several types of federal, private, student, and parent loans which our office handles.
| Type | Borrower | Student Eligibility | Interest | |
| Perkins | Federal | Student | Undergraduate or graduate student enrolled full time | Fixed rate of 5% |
| Stafford (Subsidized) | Federal | Student | Undergraduate or graduate student enrolled at least half time | Undergraduate: 0% in school, grace and deferment, fixed rate of 5.6% during repayment for loans borrowed between 07/01/09 and 06/31/10 Graduate: 0% in school, grace and deferment, fixed rate of 6.8% during repayment |
| Stafford (Unsubsidized) | Federal | Student | Undergraduate or graduate student enrolled at least half time | Fixed rate of 6.8% in school, grace and deferment--Fixed rate of 6.8% during repayment |
| Grad PLUS | Federal | Student | Graduate or professional student enrolled at least half time | Fixed rate of 7.9% |
| Parent PLUS | Federal | Parent | Dependent undergraduate student enrolled at least half time | Fixed rate of 7.9% |
| Private / Alternative | Private | Student | Undergraduate or graduate student enrolled at least half time | Variable (Varies with lender) |
| Short-Term | Institutional | Student | Undergraduate or graduate student enrolled at least half time | $5.00 flat fee |