Loan Programs

Loans provide students and their families with an opportunity to defer part of the cost of education by borrowing now and repaying later at a reduced rate of interest. However, before deciding whether to accept or pursue a loan, carefully read all relevant information.

We encourage students to consider both part-time employment and cutting down on expenses as ways of keeping aggregate loan debt to a minimum. Students are encouraged to keep track of aggregate loan funds borrowed. Please also consider reviewing the repayment obligation for the amount you will borrow and work that amount into a monthly budget. To assist students in calculating their out-of-pocket expense and resources to assist with paying this expense, utilize the College Expense Worksheet.

The information you will find here concerning loan options is accurate to the best of our knowledge. Federal policy is somewhat volatile at this time and, therefore, the information contained here could change.

Please click on one of the loan tabs above to learn more about the loan programs available at BVU.