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2020-2021 PAYMENT OPTIONS FEDERAL AND PRIVATE LOANS If you plan to borrow a Federal Parent PLUS loan or a Private Loan for the balance, you must apply for the loan by June 9, 2020. Below you will find 2020-2021 interest rates and fees. To apply for a Federal Parent PLUS loan, please complete application and Master Promissory Note at studentaid.gov. Additional information on Federal PLUS Loan and Private Parent and Student Loans can be found at https://www.rwu.edu/undergraduate/ admission-aid/financial-aid/types-aid Federal Loan Options Federal Loans Variable Interest Rate Fixed Interest Rate* Origination/ disbursement fee** DIRECT PLUS LOAN Not Applicable 5.30% 4.236% DIRECT SUBSIDIZED LOAN Not Applicable 2.75 % 1.059% DIRECT UNSUBSIDIZED LOAN (UNDERGRADUATE STUDENTS) Not Applicable 2.75% 1.059% * Interest rates applies to loans with a first disbursement date between July 1, 2020 and June 30, 2021. ** Origination fees applies to loans that first disburse on or after October 1, 2019, and before October 1, 2020. Private/ Alternative Loans Private Lenders (Suggestions) Variable Interest Rate Fixed Interest Rate Origination/ disbursement fee* www.citizensbank.com/studentloans 2.02 – 10.13% (based on a 5-15 year repayment) 4.72– 12.04% (based on a 5-15 year repayment) No Fees www.DiscoverStudentLoans.com 1.8 – 10.37% 4.74 – 12.49% No Fees www.risla.com Not Applicable 3.89% (Student Loan - Immediate) 4.89% (Parent Loan - Immediate) No Fees www.salliemae.com 2 - 10.09% 4.74 - 11.85% No Fees TUITION MANAGEMENT SYSTEMS MONTHLY PAYMENT PLAN The monthly payment plan at Roger Williams University allows you to pay your education expenses in smaller, more manageable monthly installments. The cost for the monthly payment is a $40 per semester enrollment fee. If you plan to use Tuition Management Systems (TMS) monthly payment plan, you should set up a plan by June 9, 2020 at https://rwu.afford.com/. Revised 4/24/2020

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2020-2021 PAYMENT OPTIONS

FEDERAL AND PRIVATE LOANS

If you plan to borrow a Federal Parent PLUS loan or a Private Loan for the balance, you must apply for the loan by June 9, 2020. Below you will find 2020-2021 interest rates and fees. To apply for a Federal Parent PLUS loan, please complete application and Master Promissory Note at studentaid.gov. Additional information on Federal PLUS Loan and Private Parent and Student Loans can be found at https://www.rwu.edu/undergraduate/admission-aid/financial-aid/types-aid

Federal Loan Options Federal Loans Variable Interest Rate Fixed Interest Rate* Origination/ disbursement fee**

DIRECT PLUS LOAN Not Applicable 5.30% 4.236% DIRECT SUBSIDIZED LOAN Not Applicable 2.75% 1.059% DIRECT UNSUBSIDIZED LOAN (UNDERGRADUATE STUDENTS)

Not Applicable 2.75% 1.059%

* Interest rates applies to loans with a first disbursement date between July 1, 2020 and June 30, 2021. ** Origination fees applies to loans that first disburse on or after October 1, 2019, and before October 1, 2020.

Private/ Alternative Loans Private Lenders (Suggestions) Variable Interest Rate Fixed Interest Rate Origination/ disbursement fee*

www.citizensbank.com/studentloans 2.02 – 10.13% (based on a 5-15 year repayment) 4.72– 12.04% (based on a 5-15 year repayment) No Fees www.DiscoverStudentLoans.com 1.8 – 10.37% 4.74 – 12.49% No Fees www.risla.com Not Applicable 3.89% (Student Loan - Immediate)

4.89% (Parent Loan - Immediate) No Fees

www.salliemae.com 2 - 10.09% 4.74 - 11.85% No Fees

TUITION MANAGEMENT SYSTEMS MONTHLY PAYMENT PLAN

The monthly payment plan at Roger Williams University allows you to pay your education expenses in smaller, more manageable monthly installments. The cost for the monthly payment is a $40 per semester enrollment fee. If you plan to use Tuition Management Systems (TMS) monthly payment plan, you should set up a plan by June 9, 2020 at https://rwu.afford.com/.

Revised 4/24/2020

studentaid.gov

https://www.rwu.edu/undergraduate/admission-aid/financial-aid/types-aid

http://www.citizensbank.com/studentloans

http://www.discoverstudentloans.com/

http://www.risla.com/

http://www.salliemae.com/

https://rwu.afford.com/

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