The FAFSA helps determine your financial need, and part of your aid offer may include loans available to you based on your need. You can take on specific loans — which are financial awards that need to be repaid with interest — depending on your plans for financing your Life Pacific education.


Direct Subsidized & Unsubsidized Loans

The U.S. Department of Education offers a Direct Loan program to students with demonstrated financial need to help cover the costs of higher education. The amount you are eligible to borrow will be determined by the FAFSA and the loan must be repaid with interest.

What’s the difference between subsidized and unsubsidized loans? The U.S. Department of Education Direct will pay your interest on Direct Subsidized Loans while you’re in school at least half-time and for the first six months after you leave school. Learn More.

Amount and InterestGrade LevelBase Direct LoanDependent Undergraduate UnsubsidizedIndependent Undergraduate Unsubsidized
Freshman (0-26 credits)$3,500$2,000$6,000
Sophomore (27-56 credits)$4,600$2,000$6,000
Junior (57-87 credits)$5,500$2,000$7,000
Senior (88+ credits)$5,500$2,000$7,000

Direct Parent PLUS Loan

Parent PLUS Loans are credit-based loan programs for parents of dependent students who are enrolled at least half time. The amount a parent is eligible to borrow is up to the cost of attendance and must be repaid with interest. Learn More.


Private Loans

Private student loans are additional loans a student can use to help cover their educational expenses. If a student does not have enough credit history established, they may need a credit-worthy co-signer. We strongly encourage students to take the time to research several lenders before making a decision. Fast Choice offers students the opportunity to simultaneously cost-compare lenders. If you have questions about private loans, please contact the Financial Aid Office.


Additional Resources

Know Your Options

The Office of Financial Aid provides different resources that can help you plan out your finances as you pursue your Life Pacific education.

Financial Aid Counseling

Have questions about the process? Call us or come by our office for a drop-in appointment with a knowledgeable financial aid counselor — they can help.


Contact our Financial Aid Office

Contact Us

The Office of Financial Aid is here to answer questions you have about the financial aid process. Contact us in person, by phone or email.