Requires an entrance and exit interview. Federal Unsubsidized Stafford Student Loans Available to students who may not qualify for the subsidized Federal Stafford Loan or qualify for only a partial subsidized Stafford Loan. Borrower is responsible for the interest while the student is in school. Requires an entrance and exit interview. Federal PLUS Loan Program Available to parents of undergraduate dependent students at a low interest rate in addition to the Federal Stafford Student Loan maximums.
Interest rates are variable.
Repayment begins within 60 days of disbursement of the loan proceeds. Loan may not exceed the cost of education less other financial aid received. The following is a list of Mount Union College's preferred lenders. Please keep in mind that the interest rate for each lender will be the same. The difference involves what incentive repayment plans each lender has to offer.