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, qualifying level need, availability of funds | Fixed rate of 5% |
| Stafford (Subsidized) | Federal | Student | Undergraduate student enrolled at least half time, qualifying level of need. (Graduate students are no longer eligible for subsidized loans, effective 07/01/2012) | Undergraduate: 0% in school and deferment, fixed rate of 3.4% during repayment for loans disbursed between 07/01/2010 and 06/30/2013 |
| 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 |