Payment Strategies

There are a number of payment strategies for meeting your remaining costs at Capital. Read about each one and decide which is best for you.

Lowest Monthly Payment Option

Federal Parent Loan

Lowering your monthly costs generally means borrowing. The Federal Parent Loan (PLUS) is one of the most advantageous loans around. It has a fixed interest rate of 7.9 percent and requires no collateral.

You can borrow all of your out-of-pocket costs, or just a portion. Best of all, payments can be extended up to 10 years (longer in some circumstances). Minimum repayment is $50 monthly, but you can even reduce your payment to $0!

Alternative Educational Loans

Alternative educational loans may have unique advantages for your personal circumstances also are available. 

Twice-a-Year Option

Capital University issues two bills per year, prior to the beginning of each semester. Pay the amount due directly to Capital and you are done. For example, if your net remaining costs were $5,000, you would pay $2,500 for each semester.