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

Idea Fusion

Student Loan Ideas

Federal Help First

Federal loans frequently offer 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 web site.

Direct Loans Entrance Counseling

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

The Direct Lending Process

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

Simple tips to submit 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) tools therefore 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 (that could have different terms and payment schedules or might have been created by various lenders) into one loan that is new. Go to the studentaid gov/h/manage-loans to find out more.

Choosing Your Alternative/Private Lender

Recommended requirements to assist you as well as your household choose an alternative solution or personal loan provider that will best satisfy your specific requirements.

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

Private Loan Lender

See this directory of commonly used loan that is private. 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 lender such as for example a bank, credit union, state agency. etc. that needs to 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 your requirements; nonetheless, you might be liberated to select another loan provider without penalty. (ODU will not discriminate against loan providers and certainly will approve loans from any personal loan provider offered the pupil fulfills the financial institution’s eligibility needs.)

NSLD Central Database

The Central Database NSLDS scholar Access supplies a central, built-in view of Title IV loans and funds making sure that recipients of Title IV help can access and ask about their Title IV loans and/or grant information.

Simple tips to Access Your Federal Funding Ideas? Post-Graduate Loan Repayment

Graduating is a huge success, and an extremely time that is exciting. Nonetheless, during graduation time, pupils whom used loans must start considering payment

will allow you to research loan repayment options 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 choices than in the past to greatly help repay your student education loans. Go to the handling online installment loans GA Your Defaulted Student Loan web web page to find out more.

Provider Centers for Pupils

Fast guide list with usage of figures and internet sites to Service Centers that will assist the debtor handle their figuratively speaking.

Contact

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

Scholarships

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