Borrowing Educational Loans

Educational loans can play an important role in covering your educational expenses. Before you borrow, it is important to assess your needs: Do I need additional funds to cover expenses? Do I need the full amount that is offered? Can I reduce my borrowing? Which loan is right for me?

Understanding the terms of each loan program will help students and families make educated decisions about their loan borrowing.  Borrowers need to understand what will be expected once their loans enter repayment. Some important terms to understand are the interest rate, grace period, length of repayment, minimum monthly payment, repayment plans, and deferment/forbearance options.

Our web pages and resources can help you make informed decisions.

Financing Options
Apply for Loans

At Graduation/Leave Taking
Repay your Loans


Keep track of your borrowing! Borrowers can now access their federal student aid history directly on

Through, borrowers can:

  • view their federal student aid history, including loan & grant details
  • get their federal servicer's contact information
  • download their federal student aid history using the MyData Download function