Alternative Financing Options
We have created this page to help you navigate the wealth of options available to help you finance your remaining educational costs.
First things first – if you are federal student aid eligible and you have not completed your Free Application for Federal Student Aid (FAFSA) - go to it! Make sure you're taking advantage of all federal loans and grants before pursuing other loan types.
Federal Student Loan & CSU Emergency Loan Information
Check out current Federal Direct Loan Interest Rates
Do you need a loan that your parents will borrow for you? Check out the Federal Direct Parent Loan for Undergraduate Students (PLUS) (under the "Parent Borrowers" heading) which offers fixed interest rates, in-school deferments and ability to write off interest paid on your taxes if you qualify.
If you would like to break up your balance into interest-free monthly payments, check out payment plan options – act fast and be aware of deadlines!
Private Student Loans
Private Student Loans are also a great way to meet your costs. These are primarily student borrowed and you can be eligible if you are enrolled on a less than half time basis (Half-time for undergrads is 6 credits, half-time for graduate students is 4 credits.) You can review lender options and terms on ELM Select.
Do you need to know what all the terms mean? Review our Private Loan Primer.