Financing Options for Educational Expenses

Determining how to pay for remaining educational expenses can be challenging and overwhelming.  The Office of Student Financial Aid Services (OSFAS) is here to assist you in identifying options and provide information that will help you decide what works best for you and your family.

Scholarship Opportunities

This resource provides links to UConn Departments that offer scholarships to current students.  There are also links to scholarship resources outside the University that can be explored.

https://financialaid.uconn.edu/scholarships/

Federal Direct (Parent) Plus Loans

The Federal Direct Loan program is offered through the U.S. Department of Education. This loan is available to parent borrowers of dependent undergraduate students who have completed the Free Application for Federal Student Aid (FAFSA). This type of loan requires an application from the parent borrower as well as a valid credit check.  Additional information about the Federal Direct (Parent) Plus loan can be found at the following website.

https://financialaid.uconn.edu/plus/

To apply for the Federal Parent Plus Loan, parents can sign in with their FSA ID at studentaid.gov.

Federal Direct (Graduate) Plus Loans

The US Department of Education’s Federal Direct Loan Program offers loans to Graduate students who have completed the Free Application for Federal Student Aid (FAFSA). To be considered for this type of loan, an application as well as a credit-check is required. Additional information about the Federal Direct (Graduate) Plus loan can be found at the following website.

https://financialaid.uconn.edu/loans-for-graduates/

To apply for the Federal Direct (Graduate) Plus loan, students will sign in with their FSA ID and complete the online application available at studentaid.gov.

Private/Alternative Education Loans

Private Education Loans are non-federal loans made by private lenders. These types of loans require completion of an application and a valid credit check. Additional information about UConn’s Suggested Lender List for Private/ Alternative loans can be found at the following website.

https://financialaid.uconn.edu/altloan/

UConn Payment Plan

The University of Connecticut’s Office of the Bursar offers an optional payment plan for the fall and spring semester. Additional information about the UConn Payment plan can be found at the following website.

https://bursar.uconn.edu/departments/cash-operations/student-payments/