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

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Student Loan Information

Federal Help First

Federal loans often provide borrowers lower interest levels and possess more versatile payment choices than loans from banking institutions or any other personal sources.

Electronic Loan Agreement

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

Direct Loans Entrance Counseling

All pupils getting loans are necessary to finish entrance guidance. Indication into studentaid gov/h/manage-loans utilizing your PIN to get into your bank account and complete entry guidance.

The Direct Lending Process

The Lending that is direct process will explain exactly exactly how lending works.

Just how 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 Office for processing.

Direct Consolidation Loan Application

The greater Education Act (HEA) offers up that loan consolidation system under both the Federal Family Education Loan (FFEL) tools therefore the Direct Loan Program. Under these programs, a debtor’s loans are paid down and an innovative new consolidation loan is done. These programs simplify loan payment by combining various kinds Federal image source education loans (which will 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 learn more.

Selecting Your Alternative/Private Lender

Recommended requirements that will help you as well as your household choose an alternative solution or lender that is private will most useful satisfy your specific requirements.

Note: make use of all federal loans granted before you apply for private/alternative loan.

Private Loan Lender

See this range of commonly used personal loan loan providers. Before you make 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 instance a bank, credit union, state agency. etc. that really must be paid back with interest numerous while student is nevertheless in college.

The private loan providers supplied are setup to facilitate efficient, electronic processing and disbursement of funds straight to your pupil account. This list is provided by us as helpful information for your requirements; nonetheless, you might be liberated to select another loan provider without penalty. (ODU doesn’t discriminate against loan providers and can approve loans from any personal loan provider supplied the pupil satisfies the lending company’s eligibility needs.)

NSLD Central Database

The Central Database NSLDS scholar Access provides a central, built-in view of Title IV loans and funds to make certain that recipients of Title IV Aid have access to and ask about their Title IV loans and/or give data.

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

Graduating is a huge accomplishment, and a rather exciting time. Nevertheless, during graduation time, pupils whom utilized loans must start contemplating payment

will allow you to research loan repayment choices and choose the plan which will most useful fit your financial predicament.

Repayment: What to Expect

Manage Your Figuratively Speaking

Loans in standard

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

Provider Centers for Pupils

Fast guide list with use of figures and web sites to Service Centers which will help the debtor handle 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

Numerous scholarships, including merit-based, yearly and endowed, and outside agency scholarships can be found to simply help fund your training.

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