Loans
Loans are money that must be repaid over a period of time, usually after a student leaves school.
The federal government offers both subsidized and unsubsidized Direct Loans.
The federal government pays the interest on subsidized loans while a student is enrolled at least half-time.
For unsubsidized loans, students are responsible for paying the interest during enrollment.
Through the Direct Parent Loan for Undergraduate Students (PLUS) program, parents of undergraduate students may borrow up to the annual cost of attendance minus any financial aid.