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Office of Student Financial Aid & Student Employment

Loan Information

Below are a listing of Loan topics. Click on the dark blue heading of any paragraph below to learn more about that topic.


Entrance Interview Stafford Loan Counseling


Entrance Loan counseling is required by federal law for first time borrowers of Stafford Loans that is designed to inform students of their rights and responsibilities as the borrower of Stafford Loan monies. Students borrowing for the first time at the University of Akron beginning Summer 2003 or later will use this link to complete the entrance interview requirement.

Perkins & Nursing Student Loans

These are other types of loans that may be available, use this link to learn about these possible options.

Stafford Loans

Click here for information about Subsidized Stafford Loans, Unsubsidized Stafford Loans, loan eligibility, loan limits, borrower benefits, and the link for and directions regarding signing the Stafford Master Promissory Note On-Line.

Parent Loan For Undergraduate Students (Parents of Dependent Undergraduate Students ONLY!)

Click here for a description of the Parent Loan for Undergraduate Students, how get pre-approval, and what you can do if you're denied the loan, loan eligibility, loan limits, borrower benefits, and the link for and directions regarding signing the PLUS Master Promissory Note On-Line.

Please Note: Graduate & professional students--See the link below!

Graduate PLUS Loan

Please Note: Begining 2006-2007 Graduate & professional students may (based on credit-worthiness) be eligible to borrow PLUS loans in their own name as an option along with alternative loans.

Graduate Students should click the above link to apply for the Graduate PLUS loan if they are interested in utilizing this eligibility. THIS LINK IS FOR STUDENTS WHO ARE CURRENTLY ENROLLED IN MASTERS, DOCTORAL, OR JURSIS DOCTORATE DEGREE PROGRAMS.

The fixed rate and terms of these loans can often provide a preferable loan product than many alternative loan programs for eligible Grad/Law students.
For more information about the benefits to eligible Graduate student PLUS loan borrowers, see the Grad PLUS Borrower Benefits link below.

Parents of dependent, undergraduate students (those pursuing Associates degrees and/or baccalaureate degrees) who are looking for more information about PLUS Loans should click on the "Parent Loan For Undergraduate Students Link" (the item just above this one.)

Alternative Loans

Loan options from private lenders for students who require more aid than grants, scholarships,and federal loans are able to provide.


Interested in choosing the Stafford, PLUS or Alternative loan lender that has the best rates, terms or other benefits?
Click on the appropriate link below to learn more.


FastChoice

NOTE: This information subject to rapid change. Contact lenders for most up-to-date information. The University of Akron is not responsible for changes in terms of loans. Students should ask questions of the lenders and do their own investigation and evaluation of which of these or other commercial loan products best suit their individual needs.


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Last modified: July 29 2008 13:44:52