Students are encouraged to make at least interest payments on unsubsidized loans while attending school to minimize their loan burden when payment is required. A student may receive both a subsidized and an unsubsidized Stafford Loan, but the total Stafford Loan cannot exceed program limits as determined by class level. Perkins Student Loan. The Federal Perkins Student Loan Program is administered by the University using federal and University funds. Eligible students must demonstrate financial need.
Limited funds are available.
Parent Loan forUndergraduate Students. This is a federal loan program available to parents on behalf of their dependent's educational costs. Credit worthiness is an important criterion for many lenders. Commercial Loan Programs. Commercial loan sources provide loan programs to meet college expenses out of current family income.