For more details, please call the Financial Aid Office to obtain a copy of the Direct Lending Guide. Students who are unable to qualify for the maximum Subsidized Loan may borrow the difference in the Unsubsidized Loan. New borrowers must attend a Loan Entrance Interview before loan proceeds will be disbursed to the students account. This program is for parents who want to borrow for their children s education. Students must be enrolled at least half-time and be dependent on their parents.
Loans have a variable interest rate and require credit approval.
To obtain an application, please contact the Financial Aid Office. The maximum amount a parent may borrow is calculated by subtracting aid awarded from cost of attendance. Applicants must have a Student Aid Report on file. Applicants must maintain a 2.0 cumulative grade point average and pass at least six credits per semester to maintain their eligibility. In some cases Senators and Delegates may require additional forms, so it is recommended the student contact their representative in their legislative district.