Loans
Federal students loans are available to help students meet their financial needs. Loans must be repaid according to the schedule of repayment for each type of loan. The FAFSA form must be completed for students to be eligible for student loans. We also offer a variety of Alternative loans for students who still need to meet financial needs. There are also parent loans available for parents of dependent students. Students who borrow for the first time will be required to complete a Master Promissory Note and Entrance Counseling online. This must be completed before the students loan can disbursed onto the student’s account.
William D. Ford Federal Direct Loan Program
TYPES OF DIRECT FORD LOANS
This is a need based loan. Repayment begins 6 months after graduation or unless the student falls below half-time (less than 6 hours).
This is a non-need based loan. Interest begins to accrue after the loan is disbursed. Repayment begins 6 months after graduation or unless the student falls below half time (less than 6 hours).
This is a non-need based loan for parent borrowers. Interest begins to accrue after the loan is disbursed.
FEDERAL STUDENT AID ID (FSA ID)
You will your need an FSA login and password (same credentials used to file your FAFSA) to complete the following steps in your student loan process. If you do not have an FSA ID or have forgotten your FSA ID and/or password please visit
The National Student Loan Data System (NSLDS®)
The National Student Loan Data System (NSLDS®) is the national database of information about loans and grants awarded to students. NSLDS® provides a centralized, integrated view of federal student aid loans and grants that are tracked through their entire lifecycle from aid approval through disbursement and repayment (if applicable). If you have federal aid disburse to your account, you are encouraged to log in to as you have rights and responsibilities as a borrower.
Electronic Loan Forms
Entrance Counseling
In order for our office to apply the loans to your account (certify), please complete the Entrance Counseling, Master Promissory Note, and Annual Student Loan Acknowledgment. See the links below.
You complete these documents electronically by visiting . You will need your FSA ID and password to complete this form (the same ID and password used to complete your FAFSA). If you have forgotten your FSA ID, please visit the following link to retrieve it: .
When you have completed all of these electronic documents, please be sure to reply to this email to alert us.
Entrance Counseling:
Master Promissory Note:
Loan Acknowledgement:
Exit Counseling
If you received any federal loan during your time at Â鶹¹ÙÍø and have a credit load below halftime enrollment, withdrawal, or graduate, Exit Counseling is required. Exit Counseling can be completed by following the link:
Calculate Your Payments
Go to
*Additional unsubsidized loan money is available for Independent students.
Private Loans
Private loans are optional loans taken out to cover up to the cost of attendance that other forms of financial aid do not cover
Student Self-certification
Federal government regulations require that a lender must obtain a self-certification form signed by the loan applicant before disbursing a private education loan.
Student borrowers must complete the application (which is provided by the lender as part of the application process) and return it to the lender (do not send it to Â鶹¹ÙÍø).
Please see below for a sample application.
Student Self-Certification Form:
Student Loan Code of Conduct
Â鶹¹ÙÍø has adopted this Student Loan Code of Conduct to serve as the formal guiding principles in ensuring the integrity of the student aid process and ethical conduct of employees regarding student loan practices.
The Student Loan Code of Conduct applies to all employees who work in the Office of Student Financial Aid and all other Â鶹¹ÙÍø employees who have responsibilities related to educational loans or other forms of student financial aid.
The Student Loan Code of Conduct also confirms that Â鶹¹ÙÍø does not have preferred lender arrangements of any kind or a preferred lender list.
- Revenue Sharing -Â鶹¹ÙÍø and its employees will not enter any type of revenue-sharing arrangement with any lender, guarantor, or servicer.
- Gifts-Employees of the Â鶹¹ÙÍø Financial Aid Office are prohibited from soliciting or accepting any gift from a lender, guarantor, or servicer of education loans. Gifts include any gratuity, favor, discount, entertainment, hospitality, loan, or other item. This includes a gift of services, transportation, lodging, or meals, whether provided in kind, by purchase of a ticket, payment in advance, or reimbursement after the expense has incurred.
- Contracting Arrangements -Employees of the Â鶹¹ÙÍø Financial Aid Office shall not accept from any lender or affiliate of any lender any fee, payment, or other financial benefit (including opportunity to purchase stock) as compensation for any consulting arrangement or other contract to provide services to a lender or on behalf of a lender relating to education loans.
- Preferred Lender Status -Â鶹¹ÙÍø participates in the William D. Ford Federal Direct Loan Program, which provides student and parent loans through the U.S. Department of Education. Lenders in the private student loan industry will not be given a preferred status. Â鶹¹ÙÍø does not have any preferred lender arrangements that give any lender an advantage in securing business from our students. Â鶹¹ÙÍø does not provide students a preferred lender list from which to select a lender for a private student loan. All loans are processed without regard to lender or mode of transmission (i.e., electronic or paper).
- Private Loan Certification – Â鶹¹ÙÍø will not assign a borrower’s private student loan to a particular lender as all decisions will be made by the borrower in their independent review of borrower benefits and lender services. Â鶹¹ÙÍø will not refuse to certify or delay certification of any loan based on the borrower’s selection of a particular lender or guaranty agency.
- Opportunity Pool Loan—Â鶹¹ÙÍø will not request or accept from any lender any offer of funds to be used for private education loans (as defined in section 140 of the Truth in Lending Act), including funds for an opportunity pool loan to students in exchange for Â鶹¹ÙÍø providing concessions or promises regarding providing the lender with A) a specified number of federal loans made, insured, or guaranteed B) a specified federal loan volume C) or a preferred lender arrangement for such loans.
- Staffing Assistance – Â鶹¹ÙÍø will not request or accept from any lender, guarantor, or servicer of student loans any assistance with call center staffing or financial aid office staffing.
- Advisory Board Compensation – Any employees of the Â鶹¹ÙÍø Financial Aid Office who serve on an advisory board, commission, or group established by a lender, guarantor, or group of lenders or guarantors are prohibited from receiving anything of value from the lender, guarantor, or group of lenders or guarantors, except that the employee may be reimbursed for reasonable expenses incurred in serving on such advisory board, commission, or group.
Requirements For Institutions:
- Develop, publish, and enforce a code of conduct for relevant staff.
- Prominently publish the code on their website.
- Annually inform employees and agents about the code’s provisions.