Loans


All students applying for student loans and parents taking out a PLUS loan for their child need to log on to https://studentloans.gov to complete “Loan Entrance Counseling” and a “Master Promissory Note."

You must fill out the FAFSA in order to receive Federal Stafford and PLUS loans.

Students currently enrolled at Trinity can learn more about loans at http://www.myfedloan.org/index.html.

Federal Stafford Loans

The Stafford Student Loan Program is the federal government’s program to provide financial assistance directly to students. Applications for Federal Stafford Student Loans are available from Trinity’s Financial Aid Office.

For students who qualify for subsidized loans, the federal government will pay the interest while the recipient is attending school. Loan limits for subsidized loans are $3,500 for first-year students, $4,500 for sophomores, and $5,500 for all others. A maximum of $23,000 may be borrowed under this program. Unsubsidized loans are also available.

To qualify, students must be U.S. citizens or permanent residents and attending college at least half-time. Funds must be used for expenses related to the student’s education.

Federal PLUS Loans

PLUS Loans are a program administered by the federal government for parents of students or independent students.

Parents of students may borrow up to the cost of attendance, minus other aid for any one student in any academic year. Repayment begins 60 days after disbursement.

A first and second year independent undergraduate student may borrow $4,000, and other independent undergraduates may borrow $5,000 in the unsubsidized Federal Stafford Loan Program. Click here for information about federal student loans.

Private Education loans

Private Education Loans, also known as Alternative Education Loans, help bridge the gap between the actual cost of your education and the limited amount the government allows you to borrow in its programs.

Private loans are offered by private lenders and there are no federal forms to complete. Eligibility for private student loans often depends on your credit score. Click here to learn more.