Loans are borrowed money that can be used to pay for educational expenses, but must be repaid after a certain period.
Federal Stafford Loans Stafford Loans are federal student loans made available to university students to supplement personal and family resources, scholarships, grants, and work-study. Nearly all students are eligible to receive Stafford loans regardless of credit. Stafford loans may be subsidized by the U.S. Government or unsubsidized depending on the student's financial need.
Federal Parent Loans (PLUS) The Federal Loan for Undergraduate Students (PLUS) enables parents and legal guardians to borrow up to the cost of education for dependent undergraduate students enrolled at least half-time. PLUS Loans are credit-based and a parent will need to apply at studentloans.gov in order to qualify.
Federal Graduate Loans (PLUS) PLUS Loans are available to Graduate Students to borrow up to their cost of attendance. PLUS Loans are credit-based and in order to qualify the graduate student will need to apply at studentloans.gov.
Federal Perkins Loans Perkins Loans are a low interest federal student loan for graduate and undergraduate students. The University acts as the lender using a limited pool of funds provided by the federal government. These loans are awarded based on exceptional financial need.
Private Student Loans Students may use private, credit-based loans if they have exhausted their federal loan eligibility. Contact the Financial Aid Office to determine your private student loan eligibility.
Short-Term Loans The UCCS Office of Financial Aid may approve short term loans that will be issued by the Student Financial Services office. These short term loans are intended for students in need of emergency financial assistance.