Federal Perkins Loan: This need-based loan is funded by the federal government and the College.

Federal Subsidized Stafford Loan (formerly Guaranteed Student Loan):  This need-based program enables students to borrow from a local lending institution, such as a bank or credit union. The loan is insured by the federal government, and the federal government pays the interest while the borrower is enrolled in school at least half-time, during a grace period, and during authorized periods of deferment. Interest will begin to accrue from the beginning of the repayment period.

Federal Unsubsidized Stafford Loan: This is a non-need-based Stafford Loan. The student is responsible for the interest during in-school and deferment periods.

Federal PLUS Loans: This loan program enables parents with good credit histories to borrow for each child who is enrolled at least half-time and who is a dependent student. There is no grace period for these loans.

Ministerial Loan/Grant:  This assistance is offered to students who plan to enter the ministry of The United Methodist Church. It is given in the form of a need-based loan for one-half tuition, which will be forgiven if the student remains in full-time service to the Church for five years after attending Lindsey Wilson.

Lindsey Wilson-Fenley Loan: This loan is funded by a gift from the late R. B. Fenley, a 1909 Lindsey Wilson alumnus. This loan is awarded to needy students who might otherwise be unable to attend college, and it is administered by the College using similar guidelines and at the same interest rate as the Perkins Student Loan.