Loan Eligibility

What Kind of Loan Can I Get?

There are lots of different student loans, each with their own eligibility requirements.

Your financial aid packet will tell you which Federal loans you're eligible to receive. During the application process, you'll receive a Student Aid Report (SAR) that summarizes the information on your FAFSA application. The Department of Education will take that information from your SAR and figure out your Expected Family Contribution (EFC). Federal needs-based loans will use your EFC as an estimate of how much of the total costs will come out of your own pocket.

Which alternative loans you qualify for will depend on your credit.