Loan Options for Students
The preferred loan options for students are the Federal Direct
and Federal Perkins
loans. This is because of their student-only assignment provisions and their low interest rates.
At Findlay the typical Perkins Loan ranges from $1,000 to $1,500. Likewise, the Federal Direct Loan can cover up to $5,500 (at least $2,000 will be unsubsidized) for a student's freshman year, per federal regulation.
Sometimes, students have remaining balances, and families seek additional loan options for those balances.
3 Steps to Apply for Loans