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Student loans

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Borrowing has become a necessary financing tool for many college students and their parents. In fact, fifty-three percent of full-time, first-time undergraduates attending a public institution received a student loan in the 2011-12 school year.* The average loan amount exceeded $6,000. On these pages, we’ve put together some information and links to help you understand your options for borrowing money for college.

*National Center for Education Statistics, The Condition of Education 2014. Includes all students borrowing through federal, state, institutional, and private loan programs, but does not include parental borrowing through the PLUS Loan program.