• Loans

  • Because grants and scholarships are limited, many students must rely on loans to cover at least some portion of college costs. Undergraduate and graduate students as well as parents of undergraduate students may borrow money for education. In fact, approximately 80% of Pitt-Bradford’s aid recipients borrow educational loans.

    The following steps represent borrowing options beginning with the best value and proceeding to other, less favorable loan options based on interest rates, loan terms and conditions, and repayment options. These loan options may be used alone or in combination with each other. Select the loan links below for more information about each option.

    Step 1:

    Federal Direct Student Loan

    A federal loan program available to all students.

    Step 2:

    Federal Direct Parent PLUS Loan 

    This Federal Direct Loan program allows parents of dependent undergraduate students to borrow a Federal Direct Parent PLUS Loan to help pay for educational expenses.

    Step 3:

    Private Alternative Loans

    Students who need additional funds after considering the feasibility of the loan options in Steps 1 and 2--or students who are ineligible for federal aid--may need to apply for an alternative loan.

    What are the differences between federal and private student loans?

    You Need to Ask Your Lender

    Loan Consolidation