Old Dominion University Will a loan is needed by you? If therefore, think federal aid first!

Old Dominion University Will a loan is needed by you? If therefore, think federal aid first!

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Student Loan Ideas

Federal Help First

Federal loans frequently provide borrowers reduced interest levels while having more versatile payment choices than loans from banking institutions or any other personal sources.

Electronic Loan Agreement

Sign your Electronic Master Promissory note on-line throught the Federal scholar help site.

Direct Loans Entrance Counseling

All pupils loans that are receiving needed to finish entrance guidance. Indication into studentaid gov/h/manage-loans making use of your PIN to gain access to your account and complete entry counseling.

The Direct Lending Process

The Lending that is direct process will explain just just exactly how lending works.

How exactly to make an application for a Parent PLUS Loan:

Step (1) Direct PLUS Loan Application – Complete this application at studentaid gov/h/manage-loan to start the credit check.

Step (2) PLUS Data Sheet – Complete this form and submit it to scholar school funding Office for processing.

Direct Consolidation Loan Application

The larger Education Act (HEA) offers up that loan consolidation program under both the Federal Family Education Loan (FFEL) products therefore the Direct Loan Program. Under these programs, a borrower’s loans are paid down and a unique consolidation loan is made. These programs simplify loan payment by combining various kinds Federal education loans (which could have various terms and payment schedules or might have been created by various loan providers) into one loan that is new. Look at the studentaid gov/h/manage-loans to find out more.

Selecting Your Alternative/Private Lender

Recommended requirements that will help you as well as your household choose an alternative solution or private loan provider that will most useful satisfy your specific requirements.

Note: utilize all federal loans awarded before you apply for private/alternative loan.

Private Loan Lender

See this selection of frequently used personal loan companies. Before you make an application for a private loan, first exhaust your eligibility for Federal loans.

Personal Loans – These loans are nonfederal loans, produced by a loan provider such as for example a bank, credit union, state agency. etc. that needs https://www.autotitleloansplus.com/payday-loans-me to be repaid with interest numerous while student is nevertheless at school.

The personal loan providers provided are setup to facilitate efficient, electronic processing and disbursement of funds straight to your pupil account. We offer this list as helpful information to you personally; but, you may be absolve to select another lender without penalty. (ODU will not discriminate against loan providers and can approve loans from any personal lender supplied the pupil fulfills the financial institution’s eligibility needs.)

NSLD Central Database

The Central Database NSLDS scholar Access offers a central, integrated view of Title IV loans and funds to ensure that recipients of Title IV help have access to and ask about their Title IV loans and/or give information.

How exactly to Access Your Federal Funding Ideas? Post-Graduate Loan Repayment

Graduating is a large accomplishment, and a really time that is exciting. Nonetheless, during graduation time, pupils whom utilized loans must start considering payment

can help you research loan repayment choices and choose the plan which will most readily useful fit your financial predicament.

Repayment: What to Expect

Manage Your Figuratively Speaking

Loans in standard

Require assistance with a defaulted education loan? You currently have more choices than in the past to assist repay your figuratively speaking. Go to the handling Your Defaulted Student Loan web page to learn more.

Service Centers for Pupils

Fast guide list with use of figures and web sites to Service Centers that will assist the debtor handle their student education loans.


  • Student Financial Aid
  • 2002 Rollins Hall
  • 1 Old Dominion University
  • Norfolk, VA 23529
  • 757-683-3683 (workplace)
  • 757-683-5920 (fax)
  • finaid@odu.edu


Numerous scholarships, including merit-based, yearly and endowed, and agency that is outside can be obtained to greatly help fund your training.

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