Loans Overview

Loans are another option you have to help pay for your college expenses. They must be repaid. You may wish to consider federal and/or private loans.

Federal Loans

Federal loans are funded by the federal government. There are federal loan options for undergraduate and graduate students, as well as parents of dependent undergraduates. You can apply for federal loans with the Free Application for Federal Student Aid (FAFSA). There are limits on the amount of federal loans you can take out.

Private Loans

Private loans are funded by financial institutions and may cost more than federal loans. You must apply for a private loan with its lender. We recommend that you thoroughly research various private loan options, such as home equity or personal loans in addition to private student loans.

Loan Repayment

We’re committed to helping you successfully navigate federal student loan repayment.

We have partnered with Ascendium Education Solutions^® and their Repayment Support team. They can answer your federal student loan questions and help you find and implement an affordable repayment plan. Because there are numerous scams and fraudsters taking advantage of students, we want to make sure you know Ascendium is a trusted resource for you.

We hired them to help our students manage repayment. There’s absolutely no cost to you, and you can confidently talk with them to get help.

If you have questions or concerns about repaying your federal student loans, contact their Student Loan Success Center^™ at (833) 707-1220 Monday through Friday, 8 a.m. to 4:30 p.m. CST.