Dean College is more than a great educational experience. It is an investment in your personal and academic development towards your future success.  Dean will work with you every step of the way to try and create a financing option that works. Options include:

Step 1: Payment Plans

Dean College has contracted with the company Nelnet Campus Commerce to provide students and parents with an interest-free payment plan option. Nelnet Campus Commerce allows students to pay for the cost of a school year (excluding health insurance) over two five-month periods as opposed to making payment in full at the start of each semester.

More Information

Please know that there is a per-term fee of $40 to sign up with Nelnet Campus Commerce.

For the fall semester, students must sign up for the payment plan no later than June. For the spring semester, students must sign up by November. If you do not sign up prior to these deadlines, you may owe one or more up-front payments at the time of signing up.

The payment plan is not available for the summer semester. Enroll in the monthly payment plan by visiting or call directly at 800-609-8056 during their hours of operation (Monday – Friday from 8 am-10 pm EST ) and (Saturday from 9 am-3 pm EST).

Step 2: Parent Loans

There are many options for parents to borrow for their student's education. The Federal government offers the Parent Plus loan as a next step in borrowing for college. Additionally, some banks make loans available to parents to secure the funding they need to cover college costs. All these loans are credit-based. Parents of dependent students (as determined by the FAFSA) may apply to the PLUS program—the Parent Loan for Undergraduate students.

Parent Plus Loan

Eligibility for this loan is not based on financial need but does require a credit check. Parents may borrow up to the cost of attendance minus any financial aid. For loans disbursed on or after July 1st, 2023 the interest rate is 8.05% and a 4.228% origination fee is deducted from the requested loan amount. There is a maximum repayment period of 10 years, with a minimum monthly payment of $50. Interest rates and origination fees are set by the Federal Government every year. In the case that a parent is not approved for a PLUS loan, the student may be eligible for an additional Unsubsidized Stafford Loan. Apply for a Plus Loan at

Private Parent Loans

Some banks and state agencies offer loan options for parents. Many of these loans have competitive interest rates and borrower benefits. You can compare your options by visiting ELM Select and as always, you may contact the Center for Student Financial Planning at 508-541-1518 or if you have any questions.

Step 3: Student Loans

Banks and lenders offer financing for students who need funding beyond what is available through the federal loan programs. Most students will need a creditworthy, U.S. citizen to co-sign on a student loan to gain approval. You can compare loan options and get other important information at You may also contact the Center for Student Financial Planning at 508-541-1518 or if you have any questions.

More Information

While we are pleased to offer you a list of reputable lenders through ELM Select, you are not limited to this list. Dean College will process a student loan from any lender and it is your right to apply for loans through the lender of your choice. Dean College doesn't recommend any one specific lender. Most private student loans are credit based and as such, it is your responsibility as the loan borrower to compare loan options available to you and determine which loan will best fit both your short-term and long-term financial needs. For detailed information regarding Private Student Loans, we recommend you view our Guide to Private Loans. 

You may contact the Center for Student Financial Planning and Services, located on the first floor of Dean Hall, for more information. You may also reach the Center by calling 508-541-1518 or emailing