Financing Options
Monthly payment plans, loan programs, and pre-payment plans are just a few options open to all students to help cover educational costs. It can be advantageous to seek professional financial advice regarding the tax advantages of various payment strategies.
A few of the financing options used by 冈本视频 parents and students are described below. To further assist you in planning, estimate your costs using the cost calculators.
Resources
冈本视频 offers a term-based payment plan option via the TouchNet billing site as a short-term financing option for semester charges. There is $20 enrollment fee. Information about this option will be provided to the families of all enrolled students. For questions, contact the Office of Student Accounts.
Available to parents of students not receiving 冈本视频's need-based financial aid.
For those parents interested in stabilizing tuition charges during their child鈥檚 undergraduate enrollment, 冈本视频 has developed a prepayment option. The Tuition Prepayment Plan offers parents the opportunity to prepay tuition for two, three, or four years at the current rate of annual tuition set for the first year of participation in the plan, which protects families from probable future tuition increases.
Participation is limited to parents of students who are in full-time attendance and are not receiving 冈本视频 financial aid. (Plan participants may, however, apply for federal aid.) Only tuition charges are included. All other charges for fees, room, meals, etc., are payable as billed.
Specific details of this plan are available on the Office of Student Accounts webpage.
Undergraduate Students
Fixed-rate federal loans are available only to students who are U.S. citizens or eligible non-citizens. Federal Direct Loans are available to undergraduate students, regardless of family income, for up to:
- $5,500 for the first year of school
- $6,500 for the second year
- $7,500 for the third and fourth years.
Students must be enrolled full-time (3 course credits per semester that apply to their degree) to receive their maximum annual loan eligibility. Changes to a student鈥檚 full-time enrollment will affect annual loan eligibility. Please contact the Office of Financial Aid for more information.
Graduate students may borrow up to $20,500 in a Federal Direct Unsubsidized Loan in an academic year.
Learn more about Federal Direct Loans, including how to apply
Federal Direct Parent PLUS Loan
Available only to parents who are U.S. citizens or eligible noncitizens. This credit-based, fixed-rate federal loan enables parents to borrow directly from the Federal Government.
Learn more about the Parent PLUS Loan, including how to apply
This type of student loan is provided by an outside lending institution and must be repaid by the borrower, with interest. Private loans are an alternative to federal loans, and require a credit application with the lender, and can be borrowed in either the student鈥檚 or the parent鈥檚 name. Often, a student will need a creditworthy co-signer to be approved.
Learn more about private loans, including what to look for when comparing lenders
Available to all students.
Campus employment provides another opportunity for students to contribute toward their educational costs. While students with a work-study amount in their financial aid offer receive priority in hiring, a number of jobs are open to all students. More than half of the students who work on campus are not financial aid recipients.