Loans are a component of financial aid packages. Loans are available to students and parents of dependent students to assist with educational expenses. The university participates in the William D. Ford Federal Direct Loan Program, which is administered by the U.S. Department of Education and which enables students enrolled at least half-time, which is at least six credit hours for undergraduate students, to borrow directly from the federal government. Information on loan limits, interest rates and repayment options can be found at studentaid.gov/understand-aid/types/loans. All loans borrowed must be repaid. You may view information on sample loan repayment schedules here.
All federal loans are reported to the National Student Loan Data System (NSLDS) and this information can be accessed by loan servicers, schools and other authorized entities. You can view your loan history here.