Higher education is a commitment on the part of both the student and their family. Alternative financing options can help families pay costs not covered by financial aid. The Office of Financial Aid will work with families to assist them in determining the best combination of options.

Monthly Payment Plan
Regis College offers the option to make tuition payments on a monthly basis through the TuitionPay Plan from Sallie Mae. The TuitionPay Monthly Plan is an interest-free alternative to lump-sum payments at bill time. There is an annual enrollment fee. Further information may be obtained from the Regis College Bursar's Office at 781-768-7207. You may also visit www.tuitionpay.com.

Federal PLUS Loan (for parents of dependent undergraduates)
The Federal PLUS Loan provides loans to qualified parents of dependent students. Parents may borrow up to the total cost of attendance minus any financial aid the student receives. The interest rate on the PLUS Loan is 8.5%. Repayment begins 60 days after the loan is fully disbursed and may be extended for up to 10 years. Parents can apply online for a PLUS Loan and receive a decision within minutes at www.nelliemae.com/plus.

Federal PLUS Loan (for graduate students)
The Federal GradPLUS Loan is another way to supplement your Federal Stafford Loans. Graduate students can borrow up to the cost of attendance minus any financial aid. For more information and an application, visit www.nelliemae.com/gradplus.

MEFA Loan
The MEFA Loan allows credit-worthy families to borrow up to the total cost of attendance minus any financial aid the student receives. A number of loan options are available, so you can choose the best loan to meet your family's need. For more information, visit www.mefa.org/regis.

Nellie Mae EXCEL and Grad EXCEL Loans
With Nellie Mae EXCEL and Grad EXCEL Loans, eligible students and families may borrow from $500 up to the cost of attendance minus financial aid. Principal payments for EXCEL Loans may be deferred while the borrower is in school at least half-time. Principal and interest payments for Grad EXCEL Loans may be deferred while the borrower is in school at least half-time. For information and an application, visit the loan center at www.nelliemae.com/schools/regis/index.html.