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.  Federal loans students and parents borrow through BVU will be submitted to the National Student Loan Data System (NSDLS), and will be accessible by guaranty agencies, lenders, and schools determined to be authorized users of the data system.  Students and parents can access the NSLDS web site to keep track of their aggregate borrowing by signing in using their FSA ID. Student's enrollment history will also be reported to the NSLDS.

Please also consider reviewing the repayment obligation for the amount you will borrow and work that amount into a monthly budget

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.

Budgeting and Career Planning Information

Use the links you'll find here to financially plan your college years as well as life after college.

Manage Your Debt - Use this link to find a budget worksheet to help you juggle expenses during college and after. This worksheet will provide a potential income for your career choice and will also help you fit your "real life" financial responsibilities into a budget. - This web site will help you look for information on how to finance the rest of your college education or successfully land a job.  This web site is designated Iowa's College Access Network by the National College Access Network (NCAN). You'll find information on:

  • How to succeed in college
  • Navigating life on campus.
  • Choosing career and interest areas for life after graduation.
  • Paying for college.
  • Managing your money.
  • Additional tools, links and resources

Jumpstart's Reality Check - Need a reality check on how to budget your money? Take this interactive test to see how you fare.