Loan Types
If savings, grants and scholarships aren’t going to cover your cost of attendance, you can bridge the gap with student loans. Learning about and comparing these different loans will help you determine which options are best for you.
Start here! Bank of North Dakota offers our own alternative loan called the Dakota Education Alternative Loan (DEAL). There are different types of Federal Direct loans for undergraduate students.
Federal Direct Stafford, Grad PLUS and DEAL loans can be useful sources of aid for graduate students.
Parents of dependent students who need help paying for their child’s education will want to look into the low-interest Federal Direct Parent PLUS Loan.
Whether you are going to school part-time or are just looking to take a few courses to add to your skill set, BND’s DEAL loan is a great option.
Are you participating in a dual credit program at your school? You may qualify for a DEAL loan to help cover those costs.
Student loan consolidation combines your existing student loans into a new consolidation loan. Consolidation can extend repayment terms and lower monthly payments.
