After grants and scholarships are applied to your account, the balance of your cost of attendance can be paid using loans. Unlike other types of financial aid, loans must be repaid.
There are several types of loans available, each having different interest rates, repayment period and other details. Learn more
Financial Awareness Counseling helps you understand financial aid and assists you in managing your finances.
Loan repayment programs have been set up to help you pay your loan. Learn more
Student loans will affect your finances after you graduate. Read more about "fiscal fitness," financial planning, and how to develop good credit habits.
|The University of Akron
Office of Student Financial Aid
Akron, OH 44325-6211
|In person:||Simmons Hall Lobby|
Apply through FASTChoice.
Once your loan is approved, UA is notified and processes your loan to completion. There is no process for you to accept these loans through ZipLine.
If you are the parent of an undergraduate student and you have been denied the PLUS loan, your son/daughter is eligible for additional unsubsidized loan funds. Check ZipLine to accept the additional amount.Or, you can obtain a co-signer and submit a PLUS loan Endorser Application at studentloans.gov.
Subsidized loans are awarded on the basis of financial need. The federal government subsidizes (pays) the interest while you are in school.
Unsubsidized loans charge interest from the time the money is first disbursed until it is paid in full. The interest is capitalized, meaning that you pay interest on any interest that has already accrued.
Both loans may be deferred while the student is in school with a minimum of half time enrollment.
If you don't need a loan to meet your financial obligations to UA, don’t accept it.
Yes, refundable amounts in excess of your bill can be used to offset living expenses.