Old Dominion University Will a loan is needed by you? If therefore, think federal help first!

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Student Loan Ideas

Federal Aid First

Federal loans frequently provide borrowers reduced rates of interest and now have more repayment that is flexible than loans from banking institutions or other personal sources.

Electronic Loan Agreement

Sign your Electronic Master Promissory note on-line throught the Federal scholar help site.

Direct Loans Entrance Counseling

All pupils loans that are receiving required to finish entrance guidance. Indication into studentaid gov/h/manage-loans with your PIN to get into your account and entrance counseling that is complete.

The Direct Lending Process

The Direct Lending process web page will explain just just how More hints lending works.

How exactly to make an application for a Parent PLUS Loan:

Action (1) Direct PLUS Loan Application – Complete this application at studentaid gov/h/manage-loan to start the credit check.

Action (2) PLUS information Sheet – Complete this form and submit it to scholar school funding workplace for processing.

Direct Consolidation Loan Application

The bigger Education Act (HEA) offers up that loan consolidation system under both the Federal Family Education Loan (FFEL) products additionally the Direct Loan Program. A borrower’s loans are paid off and a new consolidation loan is created under these programs. These programs simplify loan payment by combining various kinds Federal education loans (which could have various terms and payment schedules or might have been produced by various loan providers) into one brand new loan. Look at the studentaid gov/h/manage-loans to find out more.

Selecting Your Alternative/Private Lender

Recommended criteria to assist you as well as your family choose an alternative solution or personal loan provider that will most useful satisfy your specific requirements.

Note: utilize all federal loans granted before you apply for private/alternative loan.

Private Loan Lender

See this selection of commonly used personal loan companies. Before you submit an application for a personal loan, first exhaust your eligibility for Federal loans.

Personal Loans – These loans are nonfederal loans, created by a loan provider such as for example a bank, credit union, state agency. etc. that must definitely be paid back with interest numerous while student is nevertheless at school.

The personal loan providers supplied are setup to facilitate efficient, electronic processing and disbursement of funds right to your pupil account. This list is provided by us as helpful information to you personally; nonetheless, you are absolve to select another loan provider without penalty. (ODU doesn’t discriminate against loan providers and certainly will certify loans from any personal loan provider offered the student satisfies the lending company’s eligibility demands.)

NSLD Central Database

The Central Database NSLDS scholar Access offers a centralized, built-in view of Title IV loans and funds to ensure that recipients of Title IV help have access to and inquire about their Title IV loans and/or give information.

Just how to Access Your Federal Funding Ideas? Post-Graduate Loan Repayment

Graduating is a large success, and a rather exciting time. Nevertheless, during graduation time, students whom utilized loans must start considering payment

Will help you research loan repayment options and choose the plan that will fit that is best your financial predicament.

Repayment: What To Anticipate

Manage Your Figuratively Speaking

Loans in standard

Require assistance with a defaulted education loan? You will have more choices than in the past to simply help repay your student education loans. Look at the handling Your Defaulted Student Loan web page to find out more.

Service Centers for Pupils

Fast guide list with usage of figures and web sites to Service Centers that can help the debtor manage their student education loans.

Contact

  • Student Financial Aid
  • 2002 Rollins Hall
  • 1 Old Dominion University
  • Norfolk, VA 23529
  • 757-683-3683 (workplace)
  • 757-683-5920 (fax)
  • finaid@odu.edu

Scholarships

Many scholarships, including merit-based, yearly and endowed, and outside agency scholarships can be obtained to greatly help fund your training.

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