Quinnipiac University
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Types of Aid

Loans

Borrowing money is one way to help you finance your Quinnipiac education. Before applying for a private educational loan, we strongly encourage you to exhaust your federal financial aid options first, including the Federal Direct Loan Program. To qualify for federal financial aid, file your FAFSA on the government website.

Federal Direct Student loans have a fixed interest rate, a low origination fee, and do not require a co-signer to secure the loan. Payments are deferred while attending school and in the six-month deferment period after you leave school. Federal student loans offer a variety of beneficial and flexible repayment options, as well as deferments, forbearance, forgiveness, and cancellation terms often not offered by private lenders.

Below, we provide information about the loan options available to you and include links to other resources to help you with this important decision.

Complete the FAFSA

Explore Your Loan Options

Entrance Counseling

Entrance Counseling and Master Promissory Note (MPN) are required for all first-time federal student loan borrowers. The Annual Student Loan Acknowledgment Process (ASLA) is required for all returning federal student loan and Parent PLUS borrowers

Learn More About Entrance Counseling

Exit Interview

Exit Counseling is required for all students getting ready to graduate.

Learn More About Exit Counseling

 

Loans FAQs

We always recommend you borrow the Federal Direct loans first, Parent PLUS loans second and all other private/alternative loans as a last resort.

Direct loan borrowing limits are set by the federal government and are based upon a student's grade level. PLUS loan borrowers (parents) can apply for amounts up to the difference between the cost of attendance less all aid offered.

All borrowers should secure funds annually and not on a semester by semester basis. Borrowing annually minimizes application time, processing time and assures that funds will be available for both semesters. It also avoids multiple credit reports which can often have an adverse effect on your credit score.

Rates and fees vary between loan programs and all students and parents are encouraged to learn more about loan options.

Yes. All PLUS loan borrowers must have a FAFSA on file.

Learn more about parent PLUS loans

Students whose parents are denied a PLUS can borrow an additional Unsubsidized Direct Loan based upon their grade level. Parent PLUS will notify the school of the credit denial for further processing.

Learn more about parent PLUS loans

Students with multiple loans and a high monthly payment may want to consider loan consolidation as an option.

Learn more about loan consolidation

We're here to help you understand your options. Please call, email, write or simply drop in to see us in the Office of Financial Aid. 

Contact Undergrad Financial Aid

Loan Repayment Resources

Below are some additional loan repayment resources.

Loan Forgiveness Programs
In certain situations, you can have your federal student loans forgiven, canceled, or discharged. Learn more about the types of forgiveness and whether you qualify due to your job or other circumstances. Learn more

Loan Repayment Plans
Before repayment begins, develop a plan that puts you on track to pay back your loan on time and in full. Learn more

Access the Financial Aid Self-Service Portal
Learn more

Looking for information about COVID-19 financial assistance?
Learn more