Non-Need Based Financing Options
The College offers a variety of payment plans - you may pay monthly, quarterly or by semester.
Unsubsidized Federal Stafford Loan
The Unsubsidized Stafford Loan is a federally guaranteed loan available to undergraduate students regardless of need. To become eligible, please complete a FAFSA beginning January 1 at: http://www.fafsa.ed.gov.
Federal Parent Loan for Undergraduate Students (PLUS)
The Federal PLUS Loan is a fixed interest rate loan available to parents of students and is in the parent's name. St. Olaf College will reimburse any guarantee fees that you are assessed on this loan.
Private educational student loan options are available from a variety of lenders. Federal student loan eligibility should be exhausted first, and the PLUS Loan considered before utilizing private loans, which are variable rate loans that generally require a co-signer.
