For Parent Borrowers
The Federal Direct Parent Loan for Undergraduate Students (PLUS) is a low-interest education loan for parents of undergraduate, dependent students. With a PLUS Loan, you can fund the entire cost of your child's education (less student financial aid). You can apply for the loan online.
For Student Borrowers
All schools are required to participate in the Federal Direct Student Loan Program for federally-guaranteed student loans. All students who wish to borrow federal student loans must go to www.studentloans.gov to sign a new Master Promissory Note and complete Entrance Counseling. Funds cannot be disbursed to students until this process is complete.
Private Education Loans, also known as Alternative Education Loans, help bridge the gap between the actual cost of your education and the limited amount the government allows you to borrow in its loan programs. Private loans are offered by private lenders and are not part of any federal financial aid program. We encourage students and their parents to maximize their federal loan eligibility before considering additional funding through private/alternative programs.
Students may compare and research various private student loan programs. Marian University does not recommend or endorse any private student loan programs. Students must apply through the lender of their choice in order to obtain a private student loan.