Loans

Direct Unsubsidized Stafford Loan

The Stafford Loan requires at least half-time enrollment, and does not require a credit check or co-signer.

Unsubsidized Stafford

  • Interest accrues from the time of disbursement. Interest may either be paid while you are enrolled or capitalized (added) to the principal amount prior to entering repayment.
  • The anticipated interest rate for 2013-14 is 5.41%

Crown does not provide early disbursement.

Private Educational Student loans are available to help students cover the gap between other financial aid and the school bill. The loans are credit based and most students will be required to obtain a credit worthy co-signer. Interest rates and terms of repayment will vary by lender. There are a variety of loan options available, so make sure to research multiple options to find the best fit for your long-term goals.

Student loans are available to help finance your educational expenses if you are unable to pay for all of your educational costs through a combination of your resources and other scholarships or grants you may receive. For all federal and state loans, students must be enrolled at least half-time and make satisfactory academic progress towards a recognized degree.

Since all student loans must be repaid, students are encouraged to borrow only what they need and can afford to repay. Please refer to your financial aid award letter or contact the Crown College Financial Aid Office to see what loans you are eligible to borrow.

Monthly Payment Options

A monthly payment plan is available through Tuition Management Systems at crown.afford.com. This convenient option allows you to divide all or part of the educational expenses into equal monthly payments through the course of the term. The plan is interest free, and requires an enrollment fee. For more information contact Tuition Management Systems at 1-800-722-4867 or the Crown College Student Billing Office at 952-446-4126.

Please click on Loan Counseling to obtain information about Loan Entrance and Loan Exit Counseling requirements for student loans.

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