Education Loans
To help fill the gap with additional funds to cover your educational costs, we have provided you the opportunity to explore payment plans as well as different types of scholarship opportunities and education loans to see which option(s) may work best to fit your needs.
Visit stockton.edu/fafsa to view options you may have to help cover the difference between your bill and your financial aid. Our goal is to help you to close the gap!
Free money is best! Make sure to look for scholarships before browsing borrowing options.
If you are able to make some payments to your bill out of pocket, you can arrange a payment plan on the goStockton portal by clicking on the Bursar tab. The Bursar offers up to a 5 month payment plan. Visit stockton.edu/bursars to learn more.
Before borrowing, make sure to familiarize yourself with education loan borrowing, resources and repayment options that are available to you.
The Office of Financial Aid works cooperatively with the Stockton Center for Economic & Financial Literacy to bring prospective and current students information about college finances. Remember to always borrow responsibly!
If you are able to, we recommend that you borrow as a last resort to pay for your educational costs and always borrow only what you need to pay for your education. The interest on most loans starts accumulating right away and you could be getting yourself into more debt than you realize.
Check out information on borrowing options below:
Federal Direct Subsidized/Unsubsidized Loan Program:
Undergraduate Students:
A subsidized loan is awarded on the basis of financial need. The federal government pays interest for the loan (“subsidizes” the loan) until you graduate or stop attending half-time and during authorized periods of deferment.
An unsubsidized loan is not awarded on the basis of need. You’ll be charged interest from the time the loan is disbursed until it is paid in full.
Graduate Students:
An unsubsidized loan is not awarded on the basis of need. You’ll be charged interest from the time the loan is disbursed until it is paid in full.
You will begin repayment on the principle 6 months after you stop attending half time or graduate. When added to other financial aid resources, the loan amount may not exceed the cost of attendance at the time it is disbursed to the school.
Federal Direct PLUS Loan Program:
Parent Borrowers:
Parents of dependent undergraduate students are eligible to borrow under the Direct PLUS Loan program for parent borrowers up to the cost of their child’s attendance minus other financial assistance. Interest is a fixed rate. Students whose parents apply for these loans are required to complete the FAFSA. Students whose parents are denied for the Parent PLUS Loan may be eligible for an additional unsubsidized loan for the academic year. Learn more and apply at studentloans.gov.
Graduate or Professional Students:
Graduate students are eligible to borrow under the Graduate PLUS Loan program up to their cost of attendance minus other financial assistance. Applicants for these loans are required to complete the FAFSA. Interest is a fixed rate. Learn more and apply at studentloans.gov.
Private/Alternative Loan Resources:
Private student loans are non-federal government loans offered by private lending institutions as an additional source of funds for higher education. Visit FASTChoice Loan Resources to view a historic list of lenders used by Stockton students. You must complete Borrowing Essentials and then you will be able to view the list of frequently used lenders by Stockton students.
Questions? Contact the Office of Financial Aid at 609.652.4203.