Alternative Payment Options

Payment Plans

Daemen University offers a two-month or five-month payment plan per semester. Any student wishing to enroll in a Payment Plan must do so with the Office of Student Accounts.

Office of Student Accounts: (716) 839-8213
Duns Scotus Room 112

Additional Federal Loans

If the maximum Federal Stafford Loans awarded to a student are not sufficient, additional Federal loans are available depending on your eligibility.

Federal Parent (PLUS) Loan for Undergraduate Students

This loan is a Federal Loan for the parents of dependent undergraduate students.

The annual loan limit is the cost of attendance less other financial aid. Parents wishing to apply for a Parent PLUS loan need to visit studentaid.gov. Once in the website you can hover over "Loans and Grants" located on top of the page and select "PLUS Loan Parent PLUS Loan". A credit check will be required.

Federal Grad PLUS Loan for Graduate Students

This loan is a Federal Loan for graduate students.

The annual loan limit is the cost of attendance less other financial aid. Graduate students wishing to apply for a Grad PLUS loan need to visit studentaid.gov. Once in the website you can hover over "Loans and Grants" located on top of the page and select "Grad PLUS Loan". A credit check will be required.

Additional Alternative/Private Loans

Alternative / Private Educational Loans (Non-Federal)

These are loans through financial institutions that help fill the gap between the costs of attendance less other financial aid. Students apply directly with the lender. A credit check will be required. Many lenders will require a co-signer in order to approve the loan.

The list of lenders below is provided as a service to our students to assist them in the loan selection process. Lenders on our list have demonstrated a commitment to providing competitive loan terms, the very best in customer service, technology and quick loan processing.

Daemen University solicited a Request For Information (RFI) from numerous lending institutions and evaluated their responses based on the above criteria.

Students and parents have the right to select a lender of their choice regardless of our list and will suffer no penalty for selecting a lender who is not on our list. Daemen also recommends that students maximize their Federal Loan eligibility before utilizing a Alternative/Private loan to help pay college expenses.

Comparative list of benefits and services provided by lenders