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Undergraduate Payment Options

The ÐÓ°ÉÔ­°æ recommends families develop a financing plan for all expected years of attendance.  Review the information below.  Families can do a combination of a payment plan and loans to meet the remaining expenses or part of the expenses and reduce the debt.  Do not over borrow. 

The ÐÓ°ÉÔ­°æ recommends the following steps to finance a Scranton Education 

  1. - payments from your own resources which includes 529 plans
  2. - no interest, monthly payments per term
  3. Federal Direct Stafford Loan Program - loans made to eligible undergraduate students
  4. Federal Direct Parent PLUS Loan Program - loans made to eligible parents of dependent undergraduate students 
  5. Alternative Private Loans -  student and credit-worthy co-signer typically apply 
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