Also, many colleges or universities have endowments which provide assistance to students majoring in certain programs or those from specific geographic areas. Check with each college in regard to those programs. The Federal Stafford Loan Program allows a student to borrow money for college. Loan limits are determined by the length of the academic year. Interest rates are variable and are set each July.
Some colleges have direct lending programs.
You should allow at least eight weeks for the loan to be processed. Apply early so you will have the check in time for school. PLUS loans enable parents with good credit histories to borrow money to pay for the education expenses of each child who is a dependent undergraduate student enrolled at least half time. With a PLUS loan, parents can borrow an amount equal to the cost of attendance at your school, minus any other financial aid you have received. These loans are available through local banks or lending institutions.