Loan funds are available to credit worthy parents of dependent students. These loans are not based upon financial need and parents may borrow up to the cost of attendance minus financial aid annually for each dependent student enrolled in an undergraduate program. The interest rate is variable and repayment for the PLUS loans generally begins sixty days after disbursement of the loan. State Financial Aid programs State scholarships. A grant program administered by the student's home state.
States can have different eligibility requirements and award amounts.
Eligible students must follow all requirements of their home state scholarship agency. A supplemental source of financial aid. Eligibility requires state residency and demonstrated financial need. Massachusetts Gilbert Grant. Eligibility for the Gilbert Grant requires full time enrollment and demonstrated financial need.