Alumni Loan Program
Source: Alfred University
Awarded by: Alfred University

Eligibility:
Undergraduate and graduate students enrolled full-time who are U.S. citizens or permanent residents may apply.

Value:
Eligibility is based on financial need as determined by the Financial Aid Office. Annual awards generally range from $500 to $2,000. Repayment of the loan plus interest begins nine months after the student ceases to be enrolled as a half-time student. The interest rate is 5%, 7%, or 9% depending on the repayment term chosen by the borrower. Minimum monthly payment is $50.

How to Apply: Complete the FAFSA and the Alfred University Financial Aid Application.