Unlike a loan, a Federal Pell Grant does not need to be repaid. Federal Stafford loans are low-interest loans with funds borrowed from banks, savings and loans, credit unions, etc. Loan applications are available in the financial aid office. Federal Plus Loan PLUS loans enable parents to borrow to pay the education expenses for a dependent undergraduate student enrolled at least half-time. These low-interest loans are made with funds borrowed from banks, savings and loans, etc.
Loan applications are available in the financial aid office.
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