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BJU recommends federal loans first and private loans only to cover the difference. If you have any questions, email the Financial Aid Office.

Loan Repayment Info

Types of Loans

Federal student loans generally have much lower interest rates than other kinds of loans and can save you money in the long run. You must complete a FAFSA to apply.

Direct Loans (for students)

Federal Direct 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 — You pay the interest.

BJU Federal Loan Request

These loans must be requested by the student since the student is the borrower. Limits on how much students can borrow per loan are based on dependency status and academic classification.

Plus Loans (for parents)

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

Visit for more information.

PLUS loan applications should be submitted after June 15 of the current year.

The private student loan market includes a multitude of lenders. While BJU does not recommend, promote or endorse one lender above another, it does provide a comparison tool from ELMSelect of a variety of lenders in order to aid its students in their initial search process.

The lenders used are neither exhaustive of all private lenders available nor a limitation of a student’s choice of lending institution; it serves only as a reference point. A student may also want to pursue private loans offered through his/her home state and/or personal financial institution. BJU will work to certify any student’s choice of lender.

The South Carolina Teachers Loan Programs were established by the State of South Carolina to help talented and qualified students become teachers.