Federal loans to you or your parents can help finance your education at Susquehanna.

Direct Loans

There are two types of Federal Direct Loans: subsidized and unsubsidized.

Parent Plus Loans

The Federal Direct Parent Loan for Undergraduate Students (PLUS Loan) is a popular option for families who wish to use a low-interest loan to cover college expenses.

It can be used to supplement your student’s aid awards, or it can be used to cover the full cost of education.

Parents must be creditworthy, but there are no income requirements.
No collateral or cosigners are required.
Completion of the FAFSA is required before applying.
Loans are payable 60 days after the final disbursement of the loan and payable over 10 years.
Deferment of repayment is available upon request as long as the student is enrolled at least half-time.
The PLUS loan rate is fixed at 5.30% and has a 4.236% origination fee.
Estimate your PLUS Loan costs with the Federal Loan Simulator