In this Friday, Feb. 8, 2013 photo, Xavier University student Triton Brown studies in a common area on campus before going to one of his part time jobs in New Orleans. Thousands of students unexpectedly either had to stay at home, transfer to a less expensive school or find new money when the U.S. Department of Education quietly changed how it evaluated the credit of parents applying for a federal PLUS loan. Brown, a Milwaukee native who is a freshman at Xavier University of Louisiana, said his family was counting on a PLUS loan, but his mother's application was rejected after he had been accepted the previous semester. (AP Photo/Gerald Herbert)
(AP Photo/Gerald Herbert)
By// Mariah Craddick
In the April 29th issue of JET magazine on stands now, we learn that a policy change to the popular PLUS Loan for college students made it even more difficult for minorities to afford tuition. While the Dept. of Education spokesman Daren Briscoe said that those previously enrolled with the program’s assistance can appeal if they were denied, many students are looking for other options altogether.
JETmag.com is here to help out. We found five alternatives to the PLUS Loan and even included some ways to help pay them off.
Click through for the first alternate option: