Loan Programs

Direct Federal Subsidized Loans

All US citizens or eligible non-citizens with financial need enrolled at least half-time in a degree program are eligible to apply. Loans range in amount from $200-$5,500. To apply, you must file FAFSA and a Direct Federal Loan Master Promissory Note.

Direct Federal Unsubsidized Loans

All US citizens or eligible non-citizens enrolled at least half-time in a degree program are eligible to apply. Loans range in amount from $200-$12,500. To apply, you must file FAFSA and a Direct Federal Loan Master Promissory Note.

Federal Perkins Loans

All US citizens or eligible non-citizens with financial need enrolled full-time in a degree program are eligible to apply. Loans range in amount from $200-$2,500. To apply, you must file FAFSA and sign a Perkins Promissory Note.

Federal Nursing Loans

All US citizens or eligible non-citizens with financial need enrolled full-time in a nursing degree program are eligible to apply. Loans range in amount from $200-$2,000. To apply, you must file FAFSA and sign a Nursing Loan Promissory Note.

Direct Federal Parent Loans for Undergraduate Students (PLUS)

Parents of dependent students who are US citizens or eligible non-citizens enrolled at least half-time in a degree program are eligible to apply. To apply, you must file FAFSA and a Direct Federal PLUS Loan Master Promissory Note.

Private Education Loans

In planning higher education, it’s vital that you have a clear understanding of the financing options. Many private lending institutions offer educational loans, which are available for qualifying students after you have first exhausted your federal loan eligibility. Each lender has their own terms, which will include repayment options, borrowing criteria, fees, and interest rates. These loans can be used to help you pay for the balance of your Holy Family University expenses not covered by financial aid. Note that even if you are ineligible for financial aid, possibly because you’re not pursuing a degree, not achieving satisfactory academic progress, have past-due balances, or are enrolled less than half time, you may still be eligible for certain loans.

Approval for loans is almost always based on your credit, and each lender has the right to deny a loan. Most undergraduate students will need a co-signer. You may also wish to consider a co-signer to obtain a lower interest rate. Please note that loans are generally accompanied by fees, and that the amount disbursed by the lender may be reduced by those fees.

You are encouraged to research your private loan borrowing options to make a choice best suited for your needs.  Holy Family University does not endorse any specific lender over another.  You have the right to choose any lender you prefer. For your reference, Holy Family University maintains a listing of lenders who have provided funds to our students and their families in the past or based upon the quality of products and services they provide to students and families. The Financial Aid Office will process private loans through any lender selected by a student, even if not on this list.

To review lenders on this list, please click here. Once on the page, select a program in the upper left-hand corner (or if non-degree, chose that option) and then click “View Loans.” A sort feature (shaped like a funnel) is available at the upper left-hand corner of the page to narrow your search to fit your needs (less than half time, no satisfactory academic progress, etc). For students applying for a loan to satisfy a past due balance, be sure to review the lender’s Product Details to make certain they offer funding for past due balances specific to the time frame you need.