If you think you may need additional funds to cover the full cost of your education, consider applying for a federal or private education loan. Before you choose which loan is best for you, investigate your options and make the best, most responsible choice for you.

Education loans are available in three categories:

Federal Loans

Federal loans are a low, fixed interest option for undergraduate and graduate students to supplement the cost of their education. The loans include Direct Subsidized, Direct Unsubsidized, and Nursing Student Loan.

  • No credit check or cosigner required on subsidized or unsubsidized loans
  • Flexible repayment plans
  • In-school deferment of payment

Federal Direct PLUS Loans

Federal Direct PLUS loans are a credit-based, fixed interest option for parents of dependent undergraduate students and graduate students.

  • Flexible repayment plans
  • Federally insured
  • In-school deferment of payment option

Private Loans

Private loans are typically used only when federal student or parent loans, grants and scholarships will not cover the total cost of your education.

  • Variable and fixed interest rate options
  • May require credit check and cosigner
  • Terms vary based on lender

Planning & Repayment Support

USF partners with Student ConnectionsSM to help you understand your loan commitments and address any issues you may have during repayment. You can learn more at or call a borrower advocate for free at (866) 311-9450. They'll help you:

  • Understand your loan obligations and responsibilities
  • Discuss available options for an achievable and affordable repayment plan
  • Ensure you are aware of repayment options during financial hardships
  • Stay on track to paying off your loans on time