Loan Programs

Loan Programs

Private Loans

ELMSelect - This easy to use comparison tool allows you to browse a list of private lenders most commonly used by Stetson students and apply for loans as desired.

Federal Loans

Below is information on current loan programs offered through the federal government. This information is not comprehensive and is subject to change at any time based on regulatory revisions. Please see the  Federal Student Aid Website for information not available here. An accepted FAFSA is required for these loans.

Subsidized and Unsubsidized Loans

Subsidized and unsubsidized loans are federal student loans for eligible students to help cover the cost of higher education at a four-year college or university, community college, trade, career, or technical school. The U.S. Department of Education offers eligible students at participating schools Direct Subsidized Loans and Direct Unsubsidized Loans.

Subsidized/Unsubsidized Loans

PLUS Loans

PLUS loans are federal loans that graduate or professional degree students and parents of dependent undergraduate students can use to help pay education expenses. The U.S. Department of Education makes Direct PLUS Loans to eligible borrowers through schools participating in the Direct Loan Program.

Here's a quick overview of Direct PLUS Loans:

  • The U.S. Department of Education is the lender.
  • The borrower must not have an adverse credit history.
  • They have a fixed interest rate of 8.05% with a first disbursement date between July 1, 2023 and June 30, 2024.
  • The maximum loan amount is the student's cost of attendance (determined by the school) minus any other financial aid received.

PLUS Loans