Financial Aid

 Student Loans

The Federal Direct Loan program is a federally-funded loan program available to students who need additional resources to pay for educationally related expenses. This loan program should be considered only as a last resort after all other options have been considered.  All students interested in a federal student loan must apply using the loan process through CR.

The Loan Application for 2011-12 is available on the financial aid forms page.

 

Having trouble repaying your loans? Make sure you keep in contact with either your previous lender/loan holder or the Federal Direct Loan program. There are options but you need to keep in contact with the holder of your loans.

 

 PLUS (Loan for Parents)

Federal Direct Parent Loans for Undergraduate Students (PLUS) are available to parents of dependent undergraduate students. Loan limits vary with the cost of the student's educational program and the amount of other financial aid received. The interest rate is variable and a credit check is required.  The credit check is applicable for up to 90 days.  Interested parents may get more information or apply for a PLUS online at www.studentloans.gov. 

Students must also have a completed FAFSA on file and meet all federal eligibility requirements in order for a parent to receive a PLUS.  Parents should apply after June 15 for the fall 2011 term, if their son/daughter has completed all the FAFSA requirements.