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

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

Idea Fusion

Student Loan Ideas

Federal Help First

Federal loans often provide borrowers reduced rates of interest and also 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 necessary to finish entrance guidance. Indication into studentaid gov/h/manage-loans making use of your PIN to get into your bank account and complete entry counseling.

The Direct Lending Process

The Direct Lending process web page will explain exactly exactly just 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 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 larger Education Act (HEA) offers up that loan consolidation system under both the Federal Family Education Loan (FFEL) tools as well as the Direct Loan Program. Under these programs, a debtor’s loans are reduced and a unique consolidation loan is done. These programs simplify loan repayment by combining various kinds Federal education loans (that will have different terms and repayment schedules or might have been produced by various lenders) into one brand new loan. Go to the studentaid gov/h/manage-loans to find out more.

Selecting Your Alternative/Private Lender

Recommended requirements to assist you along with your household choose an alternative solution or lender that is private will most useful fulfill your specific requirements.

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

Private Loan Lender

See this set 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 cash advances payday loans Alabama provider such as for example a bank, credit union, state agency. etc. that needs to be paid back with interest numerous while student is nevertheless in college.

The personal loan providers supplied are setup to facilitate efficient, electronic processing and disbursement of funds right to your student account. This list is provided by us as helpful information for you; nevertheless, you’re liberated to select another loan provider without penalty. (ODU doesn’t discriminate against loan providers and certainly will approve loans from any personal lender supplied the pupil satisfies the financial institution’s eligibility demands.)

NSLD Central Database

The Central Database NSLDS scholar Access supplies a centralized, built-in 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 grant information.

Just how to Access Your Federal Funding Ideas? Post-Graduate Loan Repayment

Graduating is a huge success, and a really exciting time. Nevertheless, during graduation time, pupils whom used loans must start considering payment

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 standard

Need assistance with a defaulted education loan? You will have more choices than ever before to assist repay your figuratively speaking. Look at the handling Your Defaulted Student Loan web page to learn more.

Provider Centers for Pupils

Fast guide list with use of numbers and web sites to Service Centers which will help 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 agency that is outside can be found to greatly help fund your education.