Parent loans are a common payment option when current income and savings are not enough. There are many educational loan products available to help finance education. Parents may borrow up to the cost of education minus financial aid received. We recommend applying for enough funds for the full academic year instead of semester by semester.
The Office of Student Financial Services encourages all borrowers to do their own research and select the lender that is best for them. There are many other options available to students and their families.
For information about the Federal Direct PLUS Loan, please visit www.studentloans.gov.
For a list of private student and parent eduational loan options, please visit finaid.org.
Emmanuel College does not endorse any individual lender.