Loans

The US Government provides families access to federal student loansALL 从联邦直接贷款计划借款的学生需要签署一份 Master Promissory Note (MPN) and complete online Entrance Counseling to accept their Direct Loan. 在这些项目完成之前,联邦贷款资金不会计入新黄金城集团官网法案.

Once a student is no longer enrolled they are also required to complete Exit Counseling,审查他们的贷款使用情况和偿还贷款的责任.

Federal Direct Student LoansFederal Direct PLUS LoansStudent Alternative LoansContinuing Education LoansNational Student Loan Data System
The US Government provides students access to federal student loansALL 从联邦直接贷款计划借款的学生需要签署一份 Master Promissory Note (MPN) and complete online Entrance Counseling for their Direct Loan.  在这些项目完成之前,联邦贷款资金不会计入新黄金城集团官网法案.

发放给您的联邦直接贷款可能有补贴和/或无补贴,具体如下:

SUBSIDIZED Federal Direct loan is awarded on the basis of financial need.  Interest will begin accruing at the end of your grace period. Your grace period is 6 months after you graduate, withdraw from school, or are no longer enrolled at least half-time.

An UNSUBSIDIZED Federal Direct loan is a non-need based loan. 您将被收取利息的时间,从贷款是支付,直到它是全额支付. If you allow the interest to accrue (accumulate) while you’re in school, or during other periods of non-payment, it will be capitalized. 这意味着在还款时,利息会加到你的贷款本金上.

所有联邦直接补贴或非补贴贷款都要收取费用. For information on current interest rates and fees, please visit studentaid.gov.

Please note the following eligibility requirements must be met in order to be awarded Federal Direct Loans:

(1)  Students must be matriculated (enrolled in a degree-seeking program) and enrolled at least half-time (6 credits or more per semester).
(2)  Students cannot be in default on any Federal Loans.
(3)  Federal Direct annual and aggregate loan limits apply.

  • Dependent undergraduate students are eligible for up to $31,000 (no more than $23,000 of which may be subsidized).
  • Independent undergraduate students and dependent students whose parents are ineligible for a Federal PLUS Loan are eligible for up to $57,500 (no more than $23,000 of which may be subsidized).
  • 研究生的最高贷款总额限额为$138,500. 研究生的债务限额还包括本科学习获得的联邦学生贷款.

(4) Students are awarded yearly federal loan limits based upon number of credits earned as outlined below:

The Federal Direct PLUS loan is an optional federal loan for parent(s) who wish to access additional resources beyond what a student is eligible to receive.

  • PLUS贷款仅以家长而非学生的名义发放,不可转让.
  • PLUS贷款的批准或拒绝是基于父母的信用记录.
  • 对于PLUS贷款的申请金额,会有一笔申请费, this impacts the actual amount paid on the student’s bill. Fees and rates are fixed for an individual loan, however, they can change each academic year based on federal mandate. 有关PLUS贷款最新的起始费用和利率,请访问 studentaid.gov.
  • Only a parent can apply for a PLUS loan.
    • 父母被定义为学生的生母或养母或父亲, regardless of whether they are the “custodial” parent on the FAFSA.
    • A step-parent is eligible to borrow a PLUS loan IF he or she is reported on the FAFSA along with the custodial parent.
    • 合法监护人不被认为是联邦学生资助目的的父母.
    • More than one parent can apply for a PLUS loan for a dependent student as long as the total financial aid package does not exceed the Cost of Attendance.
  • The maximum amount that a parent can borrow in the PLUS loan is the Cost of Attendance minus any financial aid received by the student.
  • If your student intends to either reduce or decline the Federal Work Study award to increase the parent’s eligibility for the Federal Direct PLUS Loan, please submit a request at least a day prior to applying for the loan.
How to Apply for the Federal Direct PLUS Loan
  • 为了获得PLUS贷款,学生必须完成FAFSA,可以在 fafsa.gov.
  • 如果父母还没有FSA ID或丢失了此信息,请访问 Federal Student Aid ID website.
  • The parent applying logs in to studentaid.gov with their FSA ID and Password.
  • Select the tab for “Apply for Aid.”
  • Select the option for “Apply for a Parent PLUS Loan.”
  • Read and complete all the steps required for this application.

Please note: As part of the application, 您将被要求选择您所申请的时间期限. Please use the following dates:

Full Year: September through May
Summer: May through August
Fall: September through December
Spring: February through May
Winter/Spring: January through May

在学生资助处,可以申请2022-2023学年的家长PLUS贷款.gov

What Happens After the Parent Applies
  • The parent will receive an immediate credit decision (approved or denied) as soon as the application is completed.
  • Student Financial Services will receive notification of the PLUS application decision within 2 to 4 business days.
  • If APPROVED – the maximum allowed will be added to the student’s financial aid.
  • If DENIED:
    • 新黄金城集团官网 will automatically increase the student’s Unsubsidized Federal Direct loan eligibility as allowed within the cost of attendance.  Students who have earned up to 60 credits may be eligible for up to $4,000 additionally on an annual basis.  Students who have earned 61 credits or more may be eligible for up to $5,000 additionally on an annual basis.
    • If the PLUS is subsequently approved through the appeal process, or by adding an endorser, 额外发放予学生的非资助贷款将会作相应调整.
    • The parent will be given the option at the end of the PLUS application to add an Endorser to their loan to try for approval. The steps required for this will be listed if they select this option.
    • The parent will be given the option at the end of the PLUS application to appeal the decision based on extenuating circumstances. 如果选择此选项,则将列出此过程所需的步骤.
After exhausting available federal and family resources, 一些学生可能需要申请另一种学生贷款来支付教育费用. Alternative loans are loans through a private lending institution and terms and conditions for each lender may vary widely.

Some things to consider when applying for an Alternative Loan
  • Alternative loans are loans through a private lending institution and do not necessarily have benefits similar to federal government programs, such as the option to tie your monthly repayment to your income. 关于私人援助和联邦援助之间的区别的更多信息可以在 StudentAid.gov website.
  • Some alternative loans require families to immediately begin repayment of interest which accrues on each loan while the student is attending college.
  • The interest rates on alternative loans can be either variable or fixed, while federal loans have only fixed interest rates.
  • Be sure you have applied for all available scholarships, grants, work study and federal loan programs offered (by completing the FAFSA) before borrowing from an alternative loan program.
  • 替代贷款是在学生的名字和一个“好的”联合签署人通常是必需的. What makes a good cosigner? Steady employment with enough income to meet debt obligations, able to meet credit obligations, credit is not overextended, no serious negative items on credit history.
  • Once a complete application has been received, 贷款人将进行信用检查,并告知你的申请是否被批准.
  • Eligibility for alternative loans is based on the  Cost of Attendance minus other financial aid received.
  • If you intend to either reduce or decline your Federal Work Study in order to have a higher Alternative or Federal Direct PLUS loan, please do that at least one day prior to applying for the loan by contacting Student Financial Services.  一旦学校认证贷款,替代贷款金额和条款将不能再改变.
  • 联邦法规现在要求在贷款申请过程中采取额外的步骤.  Students must now acknowledge three separate disclosure notices with their lender and complete a student self-certification form with information that can be obtained from their Financial Aid as listed on their myPlymouth account.
  • 由于这些新的要求,处理您的贷款所需的时间将被延长.
Recommendations to assist you with applying for an Alternative Loan
  • Start the application process early, but not too early. Since Alternative Loans must be disbursed within 90 – 120 days from the date the lender runs a credit check, it is recommended that loans for Fall only not be applied for prior to June and that loans for Spring only not be applied for prior to October.
  • Confirm that you are applying for the correct time period.  通常情况下,你每年只需要申请一次,就两个学期所需的金额.
  • If you do want to apply for each term separately, Fall only loans should have a loan period of September through December; Spring only loans should have a loan period of January through May.  Any loan with a loan period of September through May will be split equally between the fall and spring terms.
  • Complete and return requests from your lender in a timely manner
  • Check the status of your loan with your lender frequently
Important Questions to Ask When Applying for an Alternative Loan
  • Is a co-signer required?  If so, under what circumstance?
  • 如果我有联名人申请,利率及/或费用会否减低?
  • Is there an option to release the co-signer at a later date (i.e. after a specific number of on-time payments)?
  • What is the initial interest rate?
  • Is the interest rate fixed or adjustable?  If adjustable, 利率多久调整一次(有些贷款机构每月调整利率?, some are quarterly, etc.)?
  • Is there a cap on the interest rate (maximum rate that may be charged)?
  • 是否有与此贷款相关的初始费用,如果有,费用是多少?
    (发起费用是贷款人从你的每笔贷款支出中减去的金额.  它通常是根据你借款金额的百分比来计算的。
  • 这笔贷款是否有相关的还款费用?如果有,费用是多少?
    (还款费用是在还款期开始前,你的贷款总额所加的金额)
  • What additional fees may be incurred during the life of the loan?
  • Are any of these fees based on credit rating or existence of a co-signer?
  • What, if any, interest rate reduction, or other incentives may be offered during the life of the loan?
  • How will the interest on my loan accrue while I am in school?  Will it be capitalized?  If so, how often? 
    (资本化是指累积的利息加到你的借款金额上.  这种情况发生的频率是非常重要的,当决定多少你将偿还.  Capitalizing interest once prior to repayment is much better financially for you than capitalizing interest on a monthly basis.  无论哪种方式,新黄金城集团官网都建议你在上学期间支付利息)
  • What is the interest based upon? Is it a percentage added to LIBOR,T-Bill, or Prime Rate?
  • Is the loan application online or is it paper?
  • How does my co-signer complete their section of the application?
  • Can I sign the application electronically, or do I need to print, sign and mail the application to the lender?
  • How will my school be notified I have been approved?
  • How long does it take for the school to be notified?
  • Will my loan be sold?  If sold, will I lose my borrower repayment benefits?
  • How long do I have after I graduate or leave school before I am required to start making monthly payments on this loan?
  • What is the length of time I will be given to repay this loan?
  • What is considered an on-time payment?  如果逾期一天才收到款项,一些贷方会认为逾期付款, others may allow up to 15 days before considering payments late.  Note: If payments are not timely, repayment benefits might be lost.
Private Alternative Loan Lender List
这是一份全面的、为期三年的名单,供新黄金城集团官网的大学生家庭使用. Your family’s needs are unique and no lender is perfect for every family. Shop around to find the best loan to meet your needs.

Please note: The list is NOT ranked in any way. 新黄金城集团官网没有与以下列出的任何贷方的优先安排. Student Financial Services receives no benefit for listing these lenders. We cannot legally recommend a lender to you and under federal law, you have the right to borrow through the lender of your choice regardless whether they appear on this list.

Don’t see the lender you want to use? Not a problem. This list is a starting point and is not meant to be all inclusive. Some loans have citizenship, residency, or membership requirements.

Lender list

(Last updated June 2022)

Loans with State Residency Requirements

Many states offer their residents very attractive student loan options to finance any remaining gaps after federal eligibility has been exhausted.  If you are a resident of one of the following states, please click on the link corresponding to your state of residency for more information about these programs:

Alaska: ASEL – 1-800-441-2962
Connecticut:  CHESLA – 1-888-295-0911
Massachusetts:  MEFA – 1-800-449-6332
Maine: MELA – 1-800-922-6352
New Hampshire: NHHELCO – 1-855-887-5430
New Jersey: NJ CLASS – 1-800-792-8670
Rhode Island: RISLA – 1-800-758-7562
Vermont:  VSAC: Vermont Advantage – 1-800-798-8722
A Continuing Education Loan (if needed) may be borrowed if a student is not matriculated (that is, 或不符合联邦贷款项目的资格. These loans should only be applied for as a last resort.

For non-degree graduate students (any term), Continuing Education undergraduate students, 以及参加早春或夏季学期的本科入学学生, payment for classes is due at the time of registration. We strongly recommend that you apply early for your loan to ensure that it’s in place by the billing or registration due dates.

Please note: 新黄金城集团官网 does not enter into Consortium Agreements with other institutions for purposes of accessing federal financial aid programs

Although the lending institution of choice is completely up to you, 新黄金城集团官网强烈建议您在做出决定时考虑以下因素:

  • Continuing Education loans are private loans through a lending institution and not part of federally funded programs.
  • Continuing Education loans are more expensive than federal student loans and should only be used when all other options have been exhausted.
  • 在申请继续教育贷款之前,请确保您已经申请了所有可用的援助.
  • 继续教育贷款是在学生的名字,并可能需要一个联合签署人. Once a complete application has been received, 贷款人将进行信用检查,并告知你的申请是否被批准.

有关继续教育贷款的详情,请联络下列机构:

Sallie Mae Smart Option Loan
http://www.salliemae.com or 877-279-7172

EdVestinU
http://edvestinu.com/private.asp
or 1-603-227-5423

What is the National Student Loan Data System (NSLDS)?

The National Student Loan Data System (NSLDS) is the U.S. Department of Education’s central database for Federal student aid. NSLDS receives data from schools, guaranty agencies, the Direct Loan program, and other Department of Education programs and provides a centralized, integrated view of all Title IV loans and grants. 您可以访问当前和之前的所有联邦拨款和贷款信息 NSLDS website. Parents may access NSLDS for information on the Federal Direct PLUS loans.

Please note: Information on a pending loan will not be available until approximately 2 weeks after the loan has disbursed to the school.

There are currently several different servicing agencies that your Federal loans may be serviced through.  To verify who is currently servicing your loans, please visit nslds.ed.gov and choose “Financial Aid Review.”  Log in using he same FSA ID that was used on your FAFSA. 点击“贷款”下第一栏的数字,查看有关贷款的详细信息.

如果你有多于一笔贷款,你必须点击与每笔贷款相关联的每个数字.  This will show the loan, the school you received the loan through, the disbursement amounts and dates, and it will also display the servicer agency information.  Sometimes a loan can be transferred to a different servicer.  Therefore, 您将需要查看列出的“当前服务机构”,以了解谁目前正在为您的贷款提供服务.  For any repayment inquiries regarding your loan, please contact the number listed under your current servicer.