Other
Loans Available
nParent Loans
(PLUS)
n8.50 % interest, up
to 3% in fees
nCredit Check
Required
nGoes into repayment
immediately
nTeacher’s Loans
nApply early
(available in February)
nPaid off when you teach in a high need area and/or high need program
n8.80 % interest rate
if goes into repayment
nAlternative
Loans
nVariable interest,
often higher than Stafford Loans
nCredit Check
Required and Cosigner
nLeroy Springs
Student Loan (Springs Close Foundation)