Financial Aid - Loans

Student loans, unlike grants and work-study, are borrowed money that must be repaid with interest. You may not have these loans discharged because you didn't get a job in your field of study or because you are having financial difficulty. Loans are legal obligations, so before you take out a student loan think about the amount that you will have to repay in the years after graduation.

There are several loan types available to you:

• Federal Direct Loans
• Parent PLUS Loans
• Alternative Student Loans (also called private student loans)
• Wisconsin State Loans