Loans
The following loans are available to students to help meet their financial need. These must be repaid according to a monthly schedule after graduation or within 60 days of disbursement.
Federal Stafford Loan
This is a low-interest loan that students take out on their own behalf. The FAFSA must be completed in order to be eligible. The interest rate is fixed at 6.8%. Repayment begins six months after graduation or if the student drops below part time. Please view the Stafford Loan Chart for more information.
The Federal Government requires all new, first-time loan borrowers to complete Loan Entrance counseling. If you receive this loan you must complete online Stafford Entrance Counseling. Please click here to complete your entrance counseling.
Federal Perkins Loan
The Federal Carl D. Perkins Loan is a low-interest loan that students take out on their own behalf. The FAFSA must be completed in order to be eligible. The interest rate is fixed at 5 percent. Trinity determines eligibility. Repayment begins 9 months after graduation or if the student drops below part time.
The Federal Government requires all new, first-time loan borrowers to complete Loan Entrance counseling. If you receive this loan you must complete online Perkins Entrance Counseling. Please click here to complete your entrance counseling.
Federal PLUS Loan
The Federal PLUS (Parental Loan to Undergraduate Students) loan is a low-interest loan that parents take out on the student's behalf. The FAFSA must be completed in order to be eligible. The interest rate is fixed at 8.5%. Repayment begins within 60 days after the loan is disbursed. Please view the PLUS Loan Information Sheet for more detailed information.
Alternative Loans
This is a higher-interest loan that students take out on their own behalf. This loan requires a credit check and a cosigner. Interest rates vary depending on the lender. For more information, contact the lending institutions.
