Dordt College Loans

Loan	Amount	Repayment
Canada Student Loan Program	Amounts vary	Interest varies
Heritage 21 Loans	$200 - $3,000/yr	Interest dependent on years of study
McElroy Loans	$1000-$2000	Interest dependent on years of study
Perkins Loans	The maximum amount an eligible student may borrow is $4,000 per award year.	5% interest
PLUS Loans	Cost - Other Aid = Amount of PLUS you may apply for	Variable interest. Currently 8.5%
Stafford Loans	Up to $3,500 (FR) $4,500 (SO) $5,500 (JR/SR)	Variable interest. Currently 6.0%
Unsubsidized Stafford Loans	Up to $3,500 (FR) $4,500 (SO) $5,500 (JR/SR)	Variable interest. Currently 6.8%
Additional Unsubsidized Stafford Loans	Up to $5,000	Variable interest. Currently 6.8%
Private/Alternative Loans	Amounts vary	Interest varies