Loan Options | Louisiana College

Loan Options

Louisiana College recommends applying for federal loans first and then apply for private loans to cover the difference.  If you have any questions, please email the Financial Aid Office. 


Loan Repayment Information 


Select A Loan Type


Federal student loans generally have lower interest rates than any of the other kinds of loans. You must complete a FAFSA to apply.

Stafford Loans (For Students)

Federal Stafford Loans are for undergraduate and graduate students with qualifying financial need.

  • Subsidized – The government pays the interest for you during the time you are in school.
  • Unsubsidized – The student pays the interest.

Undergraduate Data Form

There are limits on how much students can borrow per loan and are based on dependency status and academic classification.  Please email the Financial Aid Office with any questions you may have,

Plus Loans (For Parents)

Parents may borrow federal loans for their student up to the Cost of Attendance (COA), minus any aid the student has already received.


Private or Alternative Loans

Private loans are non-government loans that the student receives on their own, using their established credit and possibly a co-signer.  The loans tend to charge higher interest rates that vary from lender to lender.

Private Student Loan Lenders

For more information, please click here or contact the Alternative loan financial aid officer in the financial aid office via email: or by phone (318) 487-7719.