Loans

Borrowing to pay for college is a common practice. Most students who need financial aid borrow a student loan. At the Upstate Medical University, student loans are the majority of all the aid received by students.

Student Loans are a valuable tool
that can help you pay for today's costs...

...but, loans have to be repaid. To avoid future credit problems, it's critical that if you borrow, you understand the terms of your loans, the cumulative amounts you've borrowed, and how much you will be expected to repay after graduation.

Loan Types

• Federal Stafford Loans
• Federal Perkins Loan
• Primary Care Loan (PCL)
• Upstate Foundation / Upstate Faculty Student Association
• Federal Parents Loans for Undergraduate Students (PLUS)
  
• GRADPLUS
• Private Loans

Review the criteria used by the Financial Aid Office to suggest lenders:

• CRITERIA for Lenders text

Managing your debt:

• Everything you need to know about repayment
• Repayment plan options
• Resources to help you manage your money