Other Financing Options
What if the aid that is offered on the 2013-14 Award Letter isn't enough to cover your costs?
Most families choose one of two options for additional funding for education: a Federal Direct Parent PLUS Loan or an alternative education loan from a private lender.
For more information about applying for the Federal Direct Parent PLUS Loan,
go to
www.uwlax.edu/finaid/plusprocess1314.html
For more information about applying for the alternative education loan,
go to
www.uwlax.edu/finaid/alternativeloans.html
Graduate Students can apply for a Federal Direct Graduate PLUS Loan or an
alternative education loan. For more information, on the Federal
Direct Graduate PLUS Loan,
go to
www.uwlax.edu/finaid/graduateplusloans1314.html
For a comparison of the Federal Direct Parent PLUS Loan and alternative
education loans,
to to
www.uwlax.edu/finaid/comparison.html
How much can be borrowed for a PLUS Loan or Alternative Loan?
See the amount listed as "Your Other Loan Eligibility*" on your Financial Aid Award.