Old Dominion University Will you’ll need a loan? If therefore, think federal help first!

Tip Fusion

Student Loan Information

Federal Help First

Federal loans frequently provide borrowers reduced interest levels while having more versatile payment choices than loans from banks or any other private sources.

Electronic Loan Agreement

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

Direct Loans Entrance Counseling

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

The Direct Lending Process

The Lending that is direct process will explain just just 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 Student school funding workplace for processing.

Direct Consolidation Loan Application

The larger Education Act (HEA) offers up financing consolidation system under both the Federal Family Education Loan (FFEL) tools plus 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 repayment by combining Oklahoma title loans various kinds Federal education loans (that could have various terms and payment schedules or might have been created by various loan providers) into one brand new loan. Go to the studentaid gov/h/manage-loans to learn more.

Selecting Your Alternative/Private Lender

Suggested requirements to assist you as well as your family choose an alternative solution or lender that is private 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 range of commonly used personal loan loan providers. Before you make an application for a loan that is private first exhaust your eligibility for Federal loans.

Personal Loans – These loans are nonfederal loans, produced 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 at school.

The personal loan providers supplied are setup to facilitate efficient, electronic processing and disbursement of funds right to your pupil account. We offer this list as helpful tips for you; nevertheless, 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 lender supplied the pupil satisfies the financial institution’s eligibility needs.)

NSLD Central Database

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

How exactly to Access Your Federal Funding Suggestions? Post-Graduate Loan Repayment

Graduating is a large accomplishment, and a really time that is exciting. But, during graduation time, pupils whom utilized loans must start considering payment

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

Repayment: What To Anticipate

Manage Your Figuratively Speaking

Loans in standard

Require assistance with a student loan that is defaulted? You will have more options than ever before to assist repay your student education loans. Look at the handling Your Defaulted Student Loan web web web page to learn more.

Provider Centers for Pupils

Quick guide list with usage of figures and 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 agency that is outside can be obtained to greatly help fund your training.

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