Loans
• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •The Federal Stafford Student Loan is a long term, guaranteed student loan to assist in payment of college expenses. Stafford loans can be subsidized or unsubsidized. Subsidized loans are need-based and the federal government is responsible for the interest while the student is in school. For unsubsidized loans, the student is responsible for the interest while in school. To apply for a Stafford Loan, click here. Prospective borrowers should contact the Financial Aid Office or participating lenders for additional information.
The Federal Parent Loan for Undergraduate Students (FPLUS) is a federal loan program that is not need based, enabling parents of eligible student to borrow funds directly from banks, credit unions, and other financial institutions. The Federal PLUS is guaranteed by the Federal Government and must be repaid. A credit check is performed on all parental borrowers. To apply for FPLUS, click here. Prospective borrowers should contact the Financial Aid Office or participating lenders for additional information.
Alternative loans provide a source of financial assistance for your education that is not covered by other forms of financial aid. The loan programs are not federally guaranteed or subsidized. These loans are offered by lenders from the private sector and have no connection to the federal government or Richard Bland College. Interest rates are variable and based on market interest rates that can change on a quarterly basis. To apply for an Alternative Loan, click here. Prospective borrowers should contact the Financial Aid Office or participating lenders for additional information.