| Plan | Processor | Payments Due | First Payment Due | Years to Pay | Fees | Interest Charged |
| |
| Perkins Loan | Drew | Quarterly | 9 months after leaving college | 10 | None | 5% annual rate |
| |
| Subsidized Stafford Loan | Your bank, savings institution, or credit union | Monthly | 6 months after leaving college | 10 | 1% guarantor fee, deducted from total loan amount | The interest rate for Federal Stafford loans is 6% |
| |
| Unsubsidized Stafford Loan | Your bank, savings institution, or credit union | Monthly | Interest due either from the date of distribution, or if capitalized, after in-school and grace periods | 10 | 1% guarantor fee, deducted from total loan amount | The interest rate for Federal Stafford loans is 6.8% |
| |
| PLUS Loan | Your bank, savings institution, or credit union | Monthly | 60 days after disbursement | 10 | 3% origination fee, deducted from total loan amount
1% guarantor fee, deducted from total loan amount | The interest rate for Federal PLUS loans is 8.5% |
| |
| NJ Class | NJHEAA | Monthly | 60 days after disbursement | 15 | 2% of loan amount | The interest rate for NJ Class loans is 7.62% |
