The Office of Scholarships and Financial Aid administers a group of institutional loans with funds available on a revolving basis. The donors establish general criteria for these loans. Interest rates range from 3–5% fixed, and 6 to 9–month grace periods following graduation or ceasing to be enrolled at least half–time. Funding is limited and available on a first–come, first–served basis.
The Office of Scholarships and Financial Aid determines specific student eligibility for these loans, therefore there is no general application process.
Institutional Loans are administered in compliance with HEA regulations.