Fort Hays State University > About FHSU > Division of Student Affairs > Financial Aid > Loans
Loans to help pay for college expenses are available for both students and parents. Loan funds must be repaid. Applying for most loans requires completion of the FAFSA.
Federal Direct Loans Federal Direct Loans are the most commonly awarded low-interest student loans from the U.S. Department of Education. Federal Direct Loans can be subsidized or unsubsidized and require students to be enrolled at least half-time. Learn more here. General Information | Instructions | MPN & Entrance Counseling | Graduating & Repaying | Rights/Responsibilities
Perkins Loans Perkins Loans are loans in which FHSU serves as the lender. No interest accrues on the Perkins loan while the student is enrolled at least half-time. Learn more here. General Information | Applying/Accepting | Deferments, Cancellations & Consolidation
Federal PLUS Loans Federal PLUS Loans are available for parents of dependent students and for graduate students. Students must be enrolled at least half-time. Learn more here.Parent PLUS Loans | Graduate PLUS Loans
Alternative Loans Federal loans typically offer a better long-term borrowing option; however, alternative loans offer a quick yet competitive lending alternative for those who have exhausted federal loan eligibility. Interest rates and terms vary among lenders.General Information | Finding a Lender | Applying for an Alternative Loan
Other Loans FHSU offers University Foundation loans and Short-Term loans. Student Fiscal Services manages these loans.General Information | University Foundation Loans | Short-Term Loans
Repaying your Loans The U. S. Department of Education provides repayment information for federal loans, including types of repayment plans, interest rates, calculating your monthly payments, postponing repayment, and consolidating your loans. General Information | Deferment | Loan Consolidation | Repayment Video