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Federal Loans

Student loan options

A loan is money you and/or your parents borrow and pay back with interest. Student loans can come from the federal government or from private sources, such as a bank or financial institution. Loans made by the federal government, called federal student loans, usually offer borrowers lower interest rates and have more flexible repayment options than loans from banks or other private sources.

Students who take out loans must complete , and a .

To manage your , follow this link.

In order to take out a federal loan, you must complete the

You can complete the FAFSA online, or by returning a paper copy to the federal processor by mail. To request a paper copy, call 800-4-FED-AID (1-800-433-3243) or 334-523-2691. If you are hearing impaired, contact the TTY line at 800-730-8913.

It will take you about 30 minutes to complete the form. For complete instructions on how to complete the FAFSA, visit the 

To find out what happens after you submit your FAFSA, watch this .

Graduate PLUS Loan Program

  • This program is ending, effective July 1, 2026, and will no longer enroll new borrowers.
  • Legacy Provision: If a borrower has a Grad PLUS loan made before July 1, 2026, while enrolled in a credentialed program, the borrower can continue to borrow from the program for 3 academic years or the remainder of their expected time to credential, whichever is less.