Federal Loans

Attention Students! Be sure to file your FAFSA as soon as possible.


Stafford Loan Limits

Dependent Students

Student Status Subsidized Annual Loan LimitAdditional Unsubsidized Annual Limit

Independent Students

Student StatusSubsidized Annual Loan LimitAdditional Unsubsidized Annual Limit

Aggregate Loan Limits

Undergraduate Dependent Students: $31,500 (no more than $23,000 of which can be subsidized) Undergraduate Independent Students: $57,500 (no more than $23,000 of which can be subsidized)


Completing the Federal Loan Process

Students taking federal loans need to complete Loan Entrance Counseling and a Master Promissory Note online at .  For further information or assistance completing the federal loan process, please contact the Financial Aid Office. Be sure you have the necessary information ready before you begin:

  • The federal pin number that you used when completing your FAFSA.
  • Your driver’s license number (if you have one)
  • The names, addresses and telephone numbers of two references who have known you for at least three years.


PLUS Loan (Parent Loan for Undergraduate Students)

Parents can borrow a PLUS Loan to help pay their child’s education expenses if the student is a dependent undergraduate student enrolled at least half time in a eligible program and have done the FAFSA. The PLUS borrower must be the biological or adoptive parent or stepparent (if the steppparent’s income is on the FAFSA). The parent must also be a US citizen or eligible non-citizen and have a social security number. The yearly limit on a PLUS Loan is equal to the cost of attendance minus any other financial aid the student receives. Eligible parent(s) can apply online at with a particular lender.

To apply for the PLUS Loan:

  1. Go to:
  2. Click on: Sign In button in the “Manage My Direct Loan “ box
  3. Enter: Parent’s social security number, first (2) characters of last name, date of birth and PIN number. Please note that the social security number must be entered without spaces or dashes between the numbers.
  4. Click on: “Start PLUS Application Process” and then “Parent PLUS” (under “Select Loan Type”)
  5. The website will then guide you through a four step process to complete the application.

Please call 1-800-557-7394 if you have any issues during the application process.

FAFSA Forecaster
FAFSA (Free Application for Federal Student Aid)
Apply for FAFSA PIN (Personal Identification Number)
Apply for TAP (Tuition Assistance Program)
Fin Aid (Scholarship search site)
NYS Scholarship search
EFC (Expected Family Contribution) calculator
TAP award calculator
Exit Loan Counseling

Alternative/Private Loans

Alternative or Private Loans are credit based loans that help bridge the gap between the cost of attendance and the student’s other financial assistance (PELL, TAP, SEOG, Work Study and Federal Loans). While the student is the primary borrower, a co-borrower  or co-signer may be required. Repayment is generally deferred for six months after student leaves school or graduates, though interest will accrue while the student attends school. Applications are completed online.

Some of the lenders that are  participating in the Alternative Education Loans for Villa Maria College students:

SPECIAL LOAN DISCLOSURE STATEMENTS: Please review statements carefully to ensure your understanding of each loan and its terms. Click the link below to view the loan opportunities.


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