Financing Options

The loan programs described below allow credit-worthy parents of dependent students to borrow up to the entire cost of college, less any awarded financial aid. Because the loans are not based on need, the family is not required to apply for financial aid. However, the student and applicant must meet eligibility requirements outlined in the application materials. Unlike student loans, repayment on parent loans begins after the second disbursement of the loan funds. Loan funds will be credited to the student's account no earlier than ten days prior to the start of the semester.

• Alternative Loan Programs
• Resources to Finance a Curry Education 2026-2027

Federal Direct PLUS Loan

The  Parent Loan for Undergraduate Students (PLUS) allows parents to borrow on behalf of their dependent undergraduate students, who are enrolled at least half time.

Eligibility requirements are as follows:

• Student must have submitted a FAFSA for the academic year the PLUS Loan is being applied for
• Student must be enrolled at least half-time (6+ credits)
• Previous PLUS borrowers may borrow up to the cost of attendance less financial aid. First time borrowers can borrow up to $20,000 for each academic year ($65,000 lifetime maximum)
• Parent must be a U.S. citizen or eligible non-citizen
• Parent must be the student’s biological or adoptive parent or the student’s step-parent
• Parent must meet the credit criteria and not have an adverse credit history and not be in default of any federal education loans or owe an overpayment on a federal education grant

Loan Terms:

• Fixed interest rate of 8.94% (rate resets each July 1)
• 4.228% origination fee is deducted from the loan proceeds prior to disbursement
• Repayment begins within 60 days after full disbursement of loan. Parent may request to have payments deferred during the in-school period
• 10 year repayment period
• Interest only payment option

Parents apply for a PLUS Loan at studentaid.gov.  Parents will need their FSA-ID to access the application.  Parents who are approved for a PLUS Loan will need to complete a PLUS Loan Master Promissory Note (MPN).  The MPN is a legal document which explains the terms and conditions of the loan.  Approved loans will also receive a disclosure statement that provides specific information about the loan including loan amount, loan fees and the expected disbursement date(s) and amount(s).  Loan proceeds will be credited to the student's account no earlier than ten days prior to the start of the semester.

Information on your PLUS Loan will be sent to the National Student Loan Data System (NSLDS) and will be accessible by guarantee agencies, servicers, lenders and institutions determined to be authorized users of the data system.

Note:  If a PLUS Loan is denied, the student is eligible for an additional Federal Direct Unsubsidized Stafford Loan (additional $4,000 for freshmen and sophomores and an additional $5,000 for juniors and seniors.

Effective February 14, 2010, lenders of private education loans are required to collect a completed and signed Self Certification Form from the student prior to disbursing the loan proceeds to the College. To assist you in completing the information necessary for SECTION 2: COST OF ATTENDANCE AND ESTIMATED FINANCIAL ASSISTANCE of the form, you can login to your myCurry account to view individual information. Private education loans include all Alternative Loan, as well as the Massachusetts No Interest Loans programs. Individual lending institutions may have their own procedures to comply with this regulation, so you should contact your lender directly if you have specific questions about the process for submitting this form.

Important Note:  Your loan funds cannot be paid to the College to settle your student account balance if you do not submit the completed and signed Self Certification Form to your lender.

The Higher Education Opportunity Act (HEOA) enacted August 2008 amended the Truth-in-Lending Act (TILA) establishing private education loan disclosure requirements about loan terms on or with the loan application and lenders must also disclose information about lower cost alternatives like federal student loans. Additionally, once the loan is approved and finalized for disbursement, additional disclosures must be provided. These regulations were passed to ensure that borrowers of private education loans have the necessary information to make informed choices about financing products to fund educational costs. These regulations apply to all private education loans but not to loans under the Federal Title IV Loan Programs (Stafford, Perkins and PLUS). We are providing a model Private Lender Agreement (PLA) Form as an example of what your lending institution is required to share with you upon borrowing an educational loan.

Model PLA Agreement Form

We encourage you to start early in the planning your educational financing so you do not experience delays in receiving your education loan proceeds. Under these amendments, you, the borrower will have additional responsibilities as a loan borrower including acknowledgement of the disclosure statements and completion of the Self-Certification Form. We encourage you to check with your lender to ensure you complete all necessary paperwork. Also, we invite you to contact the Student Financial Services Office if you have any questions about these requirements.

You may set up an interest-free payment plan for each semester over 5 or 4 months. The cost is $40.00 to enroll for the year. To establish the payment plan, login to curry.myflywire.com. We strongly urge you to set the payment plan up for the full year. You will receive a reminder to review your spring budget and make any necessary adjustments before the enrollment fee is debited.

Payments

Curry College partners with Flywire to process checking and savings transactions and to accept credit/debit card payments online. Flywire accepts American Express, Discover, MasterCard and VISA cards. Please log into your curry.myflywire.com to make a payment.

If you prefer to pay Curry directly by personal check, money order or traveler’s check, please make checks payable to Curry College. Be sure to include your students name and student ID on the check and mail to:

Curry College
Attn: Office of Student Accounts
1071 Blue Hill Ave
Milton, MA 02186

We are available to assist you during our business hours M-F, 8:30 a.m. - 4:30 p.m. You can call us at 617-333-2354 or email studentaccounts@curry.edu.