Alternative Loans
These interest-accruing private loans are available if loan funds are needed in addition to
the Federal Stafford Loans. To be eligible, the student must demonstrate creditworthiness or have a cosigner
who is creditworthy. Interest rates vary depending on credit score. Payments are deferred until graduation or
the student is enrolled less than half-time. For more information or an online application, contact Sallie Mae
at http://www.studentloannet.com.
Sallie Mae Tuition Pay
Tuition Pay by Sallie Mae is a monthly payment plan that allows students and
parents to spread payments across a 10-month period interest-free. A nominal annual application fee to
enroll (currently $55) is required. Tuition Pay can be used to pay all educational expenses or the remainder
of charges after financial aid has been calculated. For more information or an application, contact Sallie Mae
at http://www.tuitionpay.com.
United Methodist Scholarships
A limited number of scholarships, funded by the General Board of Higher
Education and Ministry of the United Methodist Church, are available to students who are active members
of the denomination. Scholarships range from $500 to $1,000. Applications and additional information are
available in the financial aid office.
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