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Loans are a type of financial aid that must be repaid. Repayment
usually begins 6 months after graduation, but if you leave school or
drop below half-time enrollment status, repayment begins six months
later.
Available Loans
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Federal Perkins Loan:
This loan is a low-interest (5%) loan that is part of the
campus-based aid program and awarded to students with financial
need. Students must complete the FAFSA application by the First
Priority March 15th deadline. Awards vary up to $1,800 per year.
- Federal Direct Student Loan Program:
Ohio University participates in the Federal Direct Lending Program.
The U.S. Department of Education is the lender and delivers the
proceeds through the University. The FAFSA application must be
completed to meet eligibility requirements. Financial need is not
required for the Federal Direct Unsubsidized Loan.
Promissory Note:
Electronic copy of promissory notes.
- Federal Direct Plus Loan Program:
Plus loans enable parents with good credit histories to borrow to
pay the education expenses of an undergraduate student. The FAFSA
application must be completed to meet the eligibility requirements.
Repayment begins 60 days after receipt of final disbursement for the
year.
- Nurse Education Assistance Loan Program (NEACP):
It provides financial assistance to Ohio Students enrolled for
at least half-time study (or accepted for enrollment) in an approved
Ohio Nurse education program. Recipients may be eligible for loan
cancellation at a rate of 20% per year for a maximum 5 years if the
recipient is employed in the clinical practice of nursing in the
state of Ohio.
- Short-Term Book Loan:
This loan is offered by Ohio University-Zanesville. Students may
borrow up to $125 for books against awarded financial aid.
Disbursements
& Loans: Office for loans
and disbursements and for the Federal Perkins Loans Program.
Loan
Decisions: Information about
your loans.
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