Some financial aid programs can be deducted from your Statement of Student Fees (your college bill), such as Federal Pell Grants, FSEOG, net proceeds of Stafford, PLUS, and alternative loans, Federal Perkins Loans, TAP and EOP funds, excluding book stipends. Once these deductions are made, you may still have a remaining balance.

The Office of Student Accounts administers payment options. For information regarding different payment options, visit the Student Accounts portion of this website.

Alternative Financing
Student are urged to complete the FAFSA form each year if they are matriculated in a degree program. Students can apply for Federal Stafford Loans (current interest rate is fixed at 6.8%), be considered for Perkins Loans (current interest rate is fixed at 5%) or graduate students or parents of dependent students can apply for PLUS Loans (current interest rate is fixed at 8.5%). See "6 steps to Financial Aid" to complete the FAFSA form.

Many students and parents have used alternative loans as another resource to help fund educational costs. Most alternative loan programs require a credit-worthy cosigner. In many cases, the student and the cosigner can postpone payments while the student is enrolled in college. Below are lending institutions with which Purchase College and its students have had satisfactory experience. Purchase College stresses that you are free to use any lender you choose. No private loans will be certified for an amount that is greater than the cost of attendance.

Please review our consumer information page prior to selecting a lender below, click here.

You may also review a Sample of Repayment Terms to provide you an idea of how the repayment is calculated.

CitiBank (800-745-5473)
CitiAssist Main Page
Citibank Student Lending Code Of Conduct

Key Bank (800-KEY-LEND)
www.key.com/educate

Sallie Mae (888-272-5543)
www.salliemae.com/signature