Interest rate is variable and the borrower is responsible for payment of interest while in school. Contact the Financial Aid Office for more information and for application forms. These loans are available through private lenders and offer assistance to students and parents who cannot demonstrate financial need or need more assistance than is available in the Federal Stafford Loan. Federal PLUS can be used to replace the contribution which is expected from students and families. Applications and brochures are available from the MSU Moorhead Financial Aid Office and from lenders.
Interest rate is variable and is set annually.
Before applying for a Federal PLUS, students should apply for all other types of financial aid. Due dates are normally set not later than the end of the current semester. Term Bill Loans are designed to assist students in meeting MSU Moorhead's term tuition, fee, room and board expenses. Repayment must be made no later than one week prior to the end of the current semester. Checks for Emergency and Term Bill Loans are normally available one working day after the application is approved.