Financial Aid and Scholarships

Loans

Federal Loans

Federal student loans require payment, but typically not until after you cease being enrolled in college at least at a half-time level. Parent loans, such as the Federal Parent Loan for Undergraduate Students (PLUS), require payments while the student is in school beginning 60 days after the loan is fully disbursed. Both types of loans typically offer low-interest rates and long terms.

PLUS Loan

Details
Eligibility: Borrower must be parent of student
Amount: Cost of attendance less other financial aid
Benefit: Fixed, affordable monthly payments
Program: Federal 
Application Deadline: Fall - December 1st, Spring - May 1st


Subsidized Stafford Loan

Details
Eligibility: Need-based
Amount: $3,500-$5,500 depending on class year
Benefit: Deferred repayment until after graduation
Program: Federal
Application Deadline: Fall - December 1st, Spring - May 1st

Unsubsidized Stafford Loan

Details
Eligibility: All students
Amount: $3,500-$5,500 depending on class year
Benefit: Long-term repayment
Program: Federal
Application Deadline: Fall - December 1st, Spring - May 1st

Apply for a PLUS Loan:

  1. Visit  https://studentloans.gov
  2. Look for the "Manage My Direct Loan" box
  3. Sign in using your FAFSA PIN number
  4. Complete the PLUS request process.

Private Loans

Lender Name Phone Number Website
Arkansas Federal Credit Union (800) 488-1448 www.afcu.studentchoice.org
Discover Student Loans (877) 728-3030 www.discoverstudentloans.com
Citizens Bank TruFit Student Loan (800) 708-6684 www.citizensbank.com
cuScholar Private Student Loan (877) 581-9019 www.cuStudentLoans.org
Lendkey (888) 549-9050 www.lendkey.com
Regions Bank (800) 858-7822 www.regions.com/smart
Sallie Mae (866) 972-5004 www.salliemae.com
SunTrust (800) 786-8787 www.suntrusteducation.com
Thrivent Federal Credit Union (800) 847-4836 www.thriventcu.com/explore/pay-for-college/
Union Federal Savings Bank (866) 513-8445 www.unionfederalstudentloans.com
Wells Fargo (877) 689-0763 www.wellsfargo.com/student