Many students use educational loans to finance their Temple degree. There are several different loan options, from federal to private. Some loans are need-based while others are available to any enrolled student, and all loans must be paid back with interest.
Eligibility for federal loans is determined by a student’s FAFSA and will be awarded as part of a student’s financial aid package.
Federal loans often have lower interest rates compared to private loans, so be sure to do your research to understand all of your options. Temple’s Student Financial Services can help you navigate which loan option is the best for you.