Many students and their parents have found Federal Stafford (student loan), Federal PLUS (parent loan), and alternative loans to be attractive alternatives to depleting their savings, using current income or borrowing against their home equity when grants and scholarships do not cover all costs. If you've already graduated, combine multiple payments into one with a consolidation loan.

The Federal Undergraduate Stafford Loan is a simple interest, government guaranteed, no collateral loan. The interest rate effective now through June 2003 is 3.46% while in school and 4.06% after school. The interest rate is capped at 8.25%. Students may borrow while in school and begin repayment six months after leaving school or graduating.

Dependent students may borrow up to the following amounts:
Freshman $2,625.00
Sophomore $3,500.00
Junior $5,500.00
Senior $5,500.00

Independent students may borrow up to the following amounts:
Freshman $6,625.00
Sophomore $7,500.00
Junior $10,500.00
Senior $10,500.00

Apply today for an Undergraduate Stafford loan

The Federal Graduate Stafford Loan is the same as the undergraduate loan, except that graduate students may borrow up to:

Graduate $18,500.00
Medical* $38,500.00

Get pre-qualified today and receive an information kit on College Loan Corporation's Federal Graduate Stafford loan.

The Federal PLUS (Parent Loan for Undergraduate Students) is a simple interest, government guaranteed, no collateral loan. The interest rate effective now through June 2003 is 4.86%. The interest rate is capped at 9%. Parents may be eligible to borrow up to the total cost of college less all financial aid received. parents are eligible for the PLUS if they meet the minimum government credit requirements. Parents begin repayment 30 days after the final disbursement for the academic year. The PLUS is based on a ten-year repayment plan with no prepayment penalties. The following are examples of monthly payments based on the total amount borrowed.

$5,000.00 $52.69**
$10,000.00 $105.38**
$20,000.00 $210.77**

Get pre-qualified today and receive an information kit on College Loan Corporation's Federal PLUS loan.

Parents, get pre-approved for a PLUS loan and apply online today through Wiredscholar.

Alternative Loans can fill the gap between what you receive from all financial aid sources and what you really need to cover the cost of your education.

Citibank offers the CitiAssist® Loan, with no loan fees, a low interest rate, no payments due while you are in school, flexible repayment options afterwards, and borrower benefits.
Apply online today!