Student Center
Financial Aid

Depending on the results of your FAFSA, you may qualify for a variety of financial aid opportunities. Based on your financial need, there may be other loan options available through your college such as Grants and Scholarships, Federal Work Study Programs, and Federal Perkins Loans.

Federal Subsidized Stafford Loan:
For undergraduate and graduate students, the Federal Stafford Loan is the largest and most commonly used student loan program. It has both a subsidized and unsubsidized option depending on the student's eligibility. Students may qualify for the subsidized Stafford loan if they show financial need. The federal government pays the interest on this loan while the student is in school.
Federal Unsubsidized Stafford Loan:
For undergraduate and graduate students, students without financial need may borrow under the unsubsidized Stafford loan program and are fully responsible for all interest charges. However, most lenders will defer the interest so you do not have to make payments while you're in school.
Federal PLUS Loan:
For parents of undergraduate students, the Federal PLUS Loan for parents is specifically designed for parents paying for college expenses for undergraduates. PLUS loan repayment differs from Stafford loan repayment.
Federal Grad PLUS Loan:
The Federal GradPLUS Loan for graduate/professional students is specifically designed to enable graduate/professional students to increase their federal financial aid at an affordable interest rate. PLUS loan repayment differs from Stafford loan repayment.

If you have additional questions about the types of financial aid offered through First National Bank, please contact us.