ASHLAND

Education Loans For Students And Parents

The cost of a college education ought to be viewed as a valuable investment in one’s future. It is necessary for most families to borrow to assist in paying for a college education. The terms of such loans include low interest rates that, in most cases, begin after graduation from college.

FEDERAL FAMILY EDUCATION LOAN PROGRAM
Ashland University participates in the Federal Family Education Loan Program (FFELP). Funds from the Stafford and Parent Loans listed below come directly from the lender to AU which, in turn, delivers the funds to the student.

        FEDERAL STAFFORD LOAN

In additiion:

Dependent Students (those who are required to provide parental information on the FAFSA) may borrow additional Unsubsidized Stafford Loan Funds up to $2,000 per year

Independent Students (those who are not required to provide parental information on the FAFSA) may borrow additional Unsubsidized Stafford Loan funds: up to $4,000 for freshmen and sophomores; and $5,000 for juniors and seniors.

 

        FEDERAL PARENT LOAN

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FEDERAL PERKINS LOAN PROGRAM

The Federal Perkins Loan is a need-based loan program that offers freshmen or sophomores who demonstrate a high level of financial need up to $2,500 per year.

 

DWIGHT SCHAR LOAN

The Dwight Schar Loan is an institutional loan awarded to students, primarily freshmen and sophomores,with high need as available funds allow. 

 

PRIVATE EDUCATION STUDENT LOANS

You may select a private education loan from the lender of you choice and apply directly to that lender for the loan.  Because there are many lenders available, AU has prepared a listing for your review of somelenders who provide private education loans. To access the listing, click on the link below:

Private Education Lender List