An alternative student loan is designed primarily to help students and their families pay for educational expenses that exceed other
available financial aid resources such as scholarships, grants, and the Federal Loan Programs (Stafford loan for students and PLUS loan for parents).
While traditional age college students are concerned with how they will pay for their education, adults have additional challenges in that they may have already
exhausted available financial aid, or they are dealing with a credit hold or a student loan default.
When other
available financial aid still does not cover the cost of attendance for a graduate school program, Direct Grad PLUS Loans are available to make up the difference.
The FAFSA needs to be completed before the start of each school year so that a determination
of available financial aid can be made.
Many college and personal finance advisers recommend that you take advantage of
all available financial aid, scholarships, and federal student loans before turning to private lenders.
Many college and personal finance advisers recommend that you take advantage of
all available financial aid, scholarships, and federal student loans before turning to private lenders.
When faced with the need to find funds to close the gap between college costs and
available financial aid, many students and their families turn to private student loans.
College costs continue to rise at a rate that is higher than
available financial aid, according to a study from the College Board.
Students who are seeking funding due to a chronic or recurring situation will be required to utilize
all available financial aid resources before being awarded the Petrie Grant.
We also collected information on important factors such as class size,
available financial aid, entry requirements, faculty - to - student ratios, and more.