Student Loans

这个学生是这笔贷款的借款人. It is awarded by the financial aid office based on the results of the Free Application for Federal Student Aid, (FAFSA). 贷款可以有补贴，也可以没有补贴. 补贴贷款是根据经济需要发放的. Subsidized loans have their interest paid by the federal government while the student is in school. Unsubsidized Stafford loans accrue interest to the student from the time the loan is disbursed to the student’s account. The interest rate on the subsidized and unsubsidized loans for undergraduate students for loans originating after July 1, 2017 is 4.45%. The interest rate on unsubsidized loans for graduate students for loans originating after July 1, 2017 is 6%. Payments can be deferred for as long as the student is enrolled at least half-time (6 credits as an undergraduate). Graduate students only qualify for unsubsidized loans.

关于联邦直接贷款的重要说明:

• All first-time students at Tiffin University borrowing from the Federal Direct Loan Program must complete an online 入学咨询 session and 主本票.

即将毕业的在校学生, withdrawing, or dropping below half-time enrollment status must complete an online Exit Counseling session.

欲了解更多有关 入学咨询, 主本票, and Exit Counseling 本科生联邦家长加贷款 – The parent of the dependent undergraduate student is the borrower of this loan. The loan can be made available after the student has completed the FAFSA and has been awarded other forms of financial aid. The parent may borrow up to the cost of education, minus other forms of aid, for each academic year. 利息自贷款发放之日起计, but parents may elect to have their payments deferred while you are in school. The interest rate for PLUS loans originating after July 1, 2017 is 7%. 如欲申请“家长加”贷款，请浏览: studentaid.gov

Graduate and professional degree students are eligible to borrow under the PLUS Loan Program up to their cost of attendance minus other estimated financial assistance. The terms and conditions applicable to Parent PLUS Loans also apply to Graduate/Professional PLUS loans. These requirements include a determination that the applicant does not have an adverse credit history, repayment beginning on the date of the last disbursement of the loan, and the interest rate for loans originating after July 1, 2017 is 7%. 申请人必须填写FAFSA. They also must have applied for their annual loan maximum eligibility under the Federal Unsubsidized Stafford Loan Program before applying for a Graduate/Professional PLUS loan. 如欲申请“毕业生PLUS”贷款，请浏览: studentaid.gov

Federal Parent PLUS Loans are a credit-based loan available to parents of dependent undergraduate students or graduate professional students. The credit check on the PLUS loan is only valid for 180 days. 请在5月15日之后提交PLUS申请.

了解更多关于联邦学生贷款的信息 studentaid.gov/loans.

Private Loans are credit based loans in the student’s name (with possible cosigner). Most of these loans offer deferment of repayment until six months after graduation or until six months after falling below half-time status as a student. When considering this option please compare repayment options, 每笔贷款的利率和发起费用. Students can choose to borrow from any lender that they prefer, 学生不必从下面的贷款机构中选择. Tiffin University has chosen these preferred lenders below because they have great customer service and a great reputation with working with students and parents.

私人贷款首选贷款人名单:

• Citizens Bank
• 学院大道学生贷款
• CU Student Loans
• PNC Bank
• Sallie Mae

Please visit these lenders’ websites to compare the lenders and their disclosure terms and conditions to determine which one fits your needs. You can also apply and review these terms and conditions on our website through FastChoice.

Once approved, the financial aid office is notified of the approval and the amount. Most of these funds will be received by the school electronically.

* If you will be attending TU in both the fall and spring semesters, please apply for a loan in the amount you would like for the entire academic year (we will split that amount evenly between fall and spring semesters). Please remember to accept your Federal Stafford Loans before you decide on a Private Loan.

View Understanding Gap Financing Options – Information by Sallie Mae