Penn State Mont Alto Loans Loans are for families with some means, but almost anyone can get a student loan.
Amounts vary for each student depending on credits completed.
Loans must be repaid when the student graduates or is no longer enrolled at least half-time. Repayment can be spread out over a number of years. Subsidized Federal Stafford Loans - Students with demonstrated financial need. Unsubsidized Federal Stafford Loans - Students with no financial need. The parents of dependent undergraduate students can borrow up to the total cost of attendance.