What You Need to Know About Borrowing
For many students, taking out a student loan is vital to affording their education. If you need to borrow a student loan we recommend you consider the following before accepting/applying for a student loan:
- Only borrow what you need to cover your educational expenses.
- Resist the temptation to use your student loans for non-educational expenses.
- Determine what your monthly payment could be once it's time to repay the loan.
- Make sure you understand your loan terms, interest rate(s), and repayment obligations.
Student Loan Resources
- Ìð¹ÏÊÓƵ Federal Student Loans Webpage
- Ìð¹ÏÊÓƵ Alternative Financing Webpage
-
- This website provides a historical list of private educational loan lenders that students at Ìð¹ÏÊÓƵ have used. The Ìð¹ÏÊÓƵ Financial Aid Office does not endorse any particular lender.