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

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

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Student Loan Ideas

Federal Aid First

Federal loans frequently provide borrowers lower rates of interest and also have 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 Aid internet site.

Direct Loans Entrance Counseling

All pupils loans that are receiving necessary to finish entrance guidance. Indication into studentaid gov/h/manage-loans utilizing your PIN to get into your account and complete entry counseling.

The Direct Lending Process

The Direct Lending process web page will explain just just exactly how lending works.

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

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

Action (2) PLUS information Sheet – Complete this form and submit it to scholar school funding workplace for processing.

Direct Consolidation Loan Application

The greater Education Act (HEA) offers a loan consolidation system under both the Federal Family Education Loan (FFEL) products and also the Direct Loan Program. Under these programs, a debtor’s loans are paid down and a unique consolidation loan is made. These programs simplify loan payment by combining various kinds Federal education loans (that will have various terms and payment schedules or might have been produced by different loan providers) into one brand new loan. Go to the studentaid gov/h/manage-loans to learn more.

Selecting Your Alternative/Private Lender

Suggested requirements that will help you along with your household choose an alternative solution or lender that is private will most useful satisfy your specific requirements.

Note: make use of all federal loans granted before you apply for private/alternative loan.

Private Loan Lender

See this variety of commonly used personal loan companies. Before you submit an application for a personal 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 really must be paid back with interest numerous while student is nevertheless at school.

The personal loan providers supplied are setup to facilitate efficient, electronic processing and disbursement of funds straight to your pupil account. This list is provided by us as helpful information for you; but, you may be absolve to select another loan provider without penalty. (ODU doesn’t discriminate against loan providers and can approve loans from any lender that is private the pupil satisfies the financial institution’s eligibility demands.)

NSLD Central Database

The Central Database NSLDS scholar Access provides a central, built-in view of Title IV loans and funds to make certain that recipients of Title IV help have access to and inquire about their Title IV loans https://autotitleloansplus.com/payday-loans-la/ and/or give information.

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

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

will allow you to research loan repayment choices and choose the plan which will most useful fit your financial predicament.

Repayment: What To Anticipate

Manage Your Figuratively Speaking

Loans in standard

Require assistance with a student loan that is defaulted? You will have more choices than in the past to assist repay your figuratively speaking. Go to the handling Your Defaulted Student Loan web web page to find out more.

Service Centers for Pupils

Fast guide list with use of figures and sites to Service Centers which will help the debtor handle their figuratively speaking.


  • 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 outside agency scholarships can be obtained to simply help fund your training.

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