Loan Programs

Education loans can be a big help in paying for college. These loans generally offer a low interest rate and a generous repayment period.

Of course, loans must be repaid, usually with interest, although some education loans have provisions for cancellation if the borrower performs a program-related service.

See below for more information on specific loan programs.

Loan Program Information

As of July 1, 2010, the U.S. Department of Education became the sole source for federal education loans, which are listed below. For a description of each loan type, and general information related to student and parent federal education loans previously available through the Federal Family Education Loan Program -- Stafford (Subsidized and Unsubsidized) and PLUS Loans -- use the links below.

• Direct Subsidized and Unsubsidized Loans for Students
• Direct PLUS Loans for Graduate/Professional Students
• Direct PLUS Loans for Parents
• Direct Consolidation Loans

Need More Information?

• Try our Financial Aid or Loan Repayment Calculators
• Look up North Carolina Colleges and Costs
  
• Try our Financial Aid Search, designed especially for North Carolinians!
• See if you qualify for the teacher/counselor Loan Payment Holiday
• Get information about Deferments
• Glossary of Financial Aid Terms