CASHNet Monthly Payment Plan
Smith offers semester payment plans which allow students to pay their semester balance in four equal installments. Payments are due on the 10th of the month. You can sign up for a payment plan in CASHNet, Smith’s student billing system.
Federal Direct Student Loans
Federal direct student loans are used by many students to help finance educational costs.
A subsidized loan does not accrue interest while you are in school. An unsubsidized loan does accrue interest while you are enrolled.
The amounts vary depending on the student's circumstances and other financial aid. Please contact us to determine your eligibility.
Independent students and dependent students whose parent was denied a PLUS loan may be able to borrow an additional $4,000 each year for their first and second years of school and an additional $5,000 each year for their third and fourth years of school.
Students who do not qualify for the subsidy may still apply and borrow under the unsubsidized program. For unsubsidized loans, interest accrues from the time the loan is disbursed. Students qualifying for the subsidized loan can generally also borrow through the additional unsubsidized program.
Parent PLUS Loans
Parent PLUS Loans are offered by the Department of Education (Dept.) for parents of undergraduate students who are considered dependent in terms of federal aid. Borrowers must be U.S. citizens or eligible noncitizens. Approval is credit-based.
The borrowing maximum is the cost of attendance minus all other aid - - it is NOT the billed amount due. Depending upon the composition of each student’s aid award and billed charges, a PLUS Loan for the maximum amount could leave a balance due or overpay the tuition account.