Student loans are more manageable than ever.

Federal Stafford loans offer a low-interest way to help you get your degree now, and pay it off later. 

Subsidized Stafford Loans

1st Year Maximum Annual Award: $3,500. 

2nd Year Maximum Annual Award: $4,500

3rd Year and 4th Year Maximum Annual Award: $5,500

The most widely used, low-cost education loans sponsored by the federal government, Stafford loans are available to students enrolled on at least a half-time basis. These subsidized loans are awarded according to financial need, and are interest-free while borrowers are in school. 

Unsubsidized Stafford Loans

Maximum annual award is $2,000. Unsubsidized loans are not need-based, so they are widely available to students. Unlike their subsidized counterparts, they are subject to interest rates from the time they are disbursed to the time they are paid in full.

Stafford Loans for Independent Students

The maximum Stafford Loan amounts for students who qualify as independent for FAFSA purposes are higher than the maximums listed above. Please consult with the Financial Aid Office for more details.

Federal PLUS Loans (for parents)

Federal PLUS Loans are available to parents with good credit histories who want to help pay for their children’s education. Parents may borrow up to the total cost of education, minus any other financial aid the student receives. The interest rates may vary, but are capped at 9%.

PLUS Loans are by far a preferable option to liquidating investments or paying out of pocket.