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Types of Loans

Learn more about the two most popular loans, Federal Direct Subsidized and Unsubsidized Loans.

Federal Direct Student Loans

Financial aid comes in two forms, aid that requires repayment and aid that does not. Student loans are offered to ensure full coverage of tuition and fees. Federal student loans are funded by the U.S. government and offer better terms. Private student loans are offered by banks and are associated with different terms. Always review your options prior to accepting a loan.

Other Loan Types

Family at Tarleton

The Federal Parent Loan for Undergraduate Students (PLUS) can be used by parents of dependent undergraduate students enrolled at least half-time.

Federal Direct PLUS Loan
Graduate celebrating

The Federal Direct Graduate PLUS Loan is for students enrolled at least half-time in a graduate degree program.

Federal Graduate PLUS Loan
Student studying at table

The Office of Business Services provides loan options for students who experience temporary financial difficulty. These loans cannot be used to repay long-term loans.

Short-term & Book Loans
Study group

Loans provided by lending institutions should be considered only when student has received and maximized Federal, State, and Instructional Aid.

Alternative & Private Loans