Types of Aid

Federal Stafford Loan
The Federal Stafford Loan is a long-term, low interest, federally regulated student loan. The interest rate for Federal Stafford Loan is 6.8%.

Federal PLUS for Grad Loan
This loan is available to credit worthy graduate students. Under Direct Lending, the interest rate on a PLUS loan is fixed at 7.9%. There is a 2.5% origination fee deducted from the loan proceeds. Repayment begins sixty days after the final disbursement, with the option of in-school deferment.

Private Loan
Naropa University requires an extensive review of the student's financial situation before possibly including a private loan in the student's financial aid package.