Eastern University offers several different loan options to assist students and their families with the cost of higher education. For more information on each loan program, please click on the links below.
Federal Direct Stafford Loans
The Federal Direct Stafford Loan Program offers low interest loans to students to help pay for their college education.
Federal Perkins Loan
A Federal Perkins Loan is a low interest (5%) loan for students with exceptional need as determined by filing the FAFSA.
Federal Direct Parent PLUS Loan
Parents of dependent undergraduate students may apply for the Federal Direct Parent PLUS Loan to help pay their child’s education expenses.
Federal Direct Graduate PLUS Loan
Students pursuing a Master's degree or a Doctorate may apply for the Federal Direct Graduate PLUS Loan to help pay for education expenses.
Private Alternative Loans
Private Alternative Loans are used by students/families after they have exhausted free money and federal aid. They are offered and underwritten by a bank or credit union and are taken out in the student's name, preferably with a credit-worthy cosigner.