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 provide borrowers reduced interest levels and also 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 students getting loans are expected to finish entrance guidance. Sign into studentaid gov/h/manage-loans utilizing your PIN to gain access to your account and entrance counseling that is complete.
The Direct Lending Process
The Lending that is direct process will explain exactly exactly exactly how lending works.
<h2pParent PLUS Loan
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 initiate the credit check.
Step (2) PLUS information Sheet – Complete this form and submit it to scholar Financial Aid workplace 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 and also the Direct Loan Program. Under these programs, a debtor’s loans are paid down and an innovative new consolidation loan is installment loans Pennsylvania established. These programs simplify loan payment by combining various kinds Federal education loans (that could have various terms and payment schedules or might have been created by various loan providers) into one loan that is new. Look at the studentaid gov/h/manage-loans to find out more.
Selecting Your Alternative/Private Lender
Recommended requirements that will help you along with your household choose an alternative solution or private loan provider that will most useful satisfy your specific requirements.
Note: utilize all loans that are federal before using for private/alternative loan.
Private Loan Lender
See this range of frequently employed loan that is private. 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, created by a loan provider such as for example a bank, credit union, state agency. etc. that really must be paid back with interest many while student is still in college.
The private loan providers provided are setup to facilitate efficient, electronic processing and disbursement of funds straight to your pupil account. We offer this list as helpful tips for your requirements; nevertheless, you will be able to select another loan provider without penalty. (ODU will not discriminate against loan providers and certainly will certify loans from any personal loan provider supplied the pupil meets the financial institution’s eligibility demands.)
NSLD Central Database
The Central Database NSLDS scholar Access supplies a central, integrated view of Title IV loans and funds in order that recipients of Title IV help can access and ask 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 achievement, and a rather time that is exciting. Nonetheless, during graduation time, pupils whom utilized loans must start contemplating repayment
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 Student Education Loans
Loans in Default
Require assistance with a student loan that is defaulted? You will have more options than ever before to simply help repay your student education loans. Go to the Addressing Your Defaulted Student Loan web web web page to learn more.
Provider Centers for Pupils
Quick guide list with use of figures and internet sites to Service Centers that will assist 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 simply help fund your training.
