Learn more about how loans can help fund your education at La Salle University.
Federal Direct Loans are low-interest loans from the Department of Education, and may be subsidized or unsubsidized. Eligibility is determined based on your financial need as indicated by your FAFSA application. Learn more about Federal Direct Loans
Under federal law, the authority for schools to make new Perkins Loans ended on Sept. 30, 2017, and final disbursements were permitted through June 30, 2018. As a result, students can no longer receive Perkins Loans.
A borrower who received a Perkins Loan at La Salle University can learn more about managing the repayment of the loan via https://www.lasalle.edu/studentaccounts/perkins-loans/. Learn more about the Federal Perkins Loan
This loan allows the parents of undergraduate students to borrow up to the full cost of attendance minus any financial aid already received through La Salle and FAFSA. The U.S. Department of Education is the lender. Learn more about Direct PLUS Loans for Parents of Undergraduates
Federal Graduate PLUS Loans are non-need-based loans for graduate-level students. With a Grad PLUS loan, you may borrow up to the full cost of your education, less other financial aid received, including Federal Direct Loans. Please note there are Master Promissory Note (MPN) and Entrance Counseling requirements. Learn more about Direct PLUS Loan for Graduate Students
Alternative loans are also known as private loans and are non-federal loans offered by private lenders such as a bank or credit union with the student as the borrower. They may help bridge the gap between the cost of education and the limited amount the government allows students to borrow from federal loan programs. There are no federal forms to complete. Loan limits and rates vary by lender, and students might need a credit-worthy cosigner. Learn more about Alternative Loans