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

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

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Student Loan Ideas

Federal Help First

Federal loans often provide borrowers reduced rates of interest while having 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 site.

Direct Loans Entrance Counseling

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

The Direct Lending Process

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

<h2pParent PLUS Loan

Just how 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 greater Education Act (HEA) offers up financing consolidation system under both the Federal Family Education Loan (FFEL) products together with Direct Loan Program. Under these programs, a debtor’s loans are reduced and a unique consolidation loan is done. These programs simplify loan payment by combining various kinds Federal education loans (that will have various terms and payment schedules or might have been produced by various loan providers) into one loan that is new. Look at the studentaid gov/h/manage-loans to learn more.

Choosing Your Alternative/Private Lender

Suggested requirements to assist you along with your household choose an alternative solution or personal loan provider that will most useful fulfill your specific requirements.

Note: utilize all loans that are federal before you apply for private/alternative loan.

Private Loan Lender

See this range of frequently employed 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, created by a lender such as for example a bank, credit union, state agency. etc. that really must be paid back with interest numerous while student is nevertheless in school.

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; but, you will be liberated to select another loan provider without penalty. (ODU will not discriminate against loan providers and certainly will approve loans from any lender that is private the pupil fulfills the lending company’s eligibility demands.)

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 help have access to and ask about their Title IV loans and/or give data.

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

Graduating is a large success, and an extremely exciting time. Nevertheless, during graduation time, pupils whom utilized loans must start considering payment

can help you research loan repayment options and choose the plan which will most readily useful fit your financial predicament.

Repayment: What To Anticipate

Manage Your Student Education Loans

Loans in standard

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

Service Centers for Pupils

Fast guide list with usage of figures and web sites to Service online payday loans Indiana 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 (workplace)
  • 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.

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