Loans
Our institution offers the
Tuition Payment Plan for students who need short term financial assistance.
Federal
Federal Loans
are available to eligible students and provide special interest rates and repayment schedules.
Some loans, such as parent loans and unsubsidized Stafford Loans are NOT awarded on the basis of financial need.
Visit our federal loans page for details on the specific types of federal loans available.
UVU offers only Federal Direct Stafford and Plus loans to students beginning July 1, 2010.
Due to recent changes in federal regulations, some of your student loans may have been sold to another servicer.
The various servicers who may have purchased your loans are Fedloan Servicing, Great Lakes, Sallie Mae, or Nelnet.
You will need to contact your loan servicer regarding all loan repayment questions or concerns.
All federal loan information, including servicer contact information, may be accessed through the National Student
Loan Data System (NSLDS) at www.nslds.ed.gov.
It is the borrower's responsibility to check this website regularly for any and all federal aid information and
updates. We also recommend you visit our Loan Repayment page for
more detailed information on repayment of your federal student loans.
Please visit our NSLDS information page for step-by-step instructions on checking your federal aid information and determining your federal loan servicer.
Please visit our NSLDS information page for step-by-step instructions on checking your federal aid information and determining your federal loan servicer.
All students wishing to receive a loan must sign a Master Promissory Note (MPN). Please check your Financial Aid Status
within the UV Link Financial Aid Menu on a weekly basis for additional instructions
that may be presented.
Additional requirements to receive federal loans include being enrolled at least half-time (6 or more credits for undergraduates), making sufficient Satisfactory Academic Progress (SAP), and fulfilling any other outstanding UV Link requirements.
Additional requirements to receive federal loans include being enrolled at least half-time (6 or more credits for undergraduates), making sufficient Satisfactory Academic Progress (SAP), and fulfilling any other outstanding UV Link requirements.
All loans must be repaid
. Long-term loans add up quickly. We have compiled a list of sites
that offer Repayment Calculators to help students
plan for loan repayments. Students are also strongly encourage to check the the National Student
Loan Data System (NSLDS) at www.nslds.ed.gov
on a regular basis for any and all federal aid information and updates. Please visit our NSLDS information page
for step-by-step instructions on checking your federal aid information and determining your federal loan servicer.
We also recommend you visit our Loan Repayment page for
more detailed information on repayment of your federal student loans.
Private
DISCLAIMER:
Utah Valley University (UVU) does not promote any private student loan lender nor guarantor nor their loan products. We are here to ensure the accurate, timely processing of student loans to eligible students. UVU does not have a "preferred lender list" nor do we have a "preferred lender arrangement." Students at UVU have the right to choose their lender from among those that participate in private student loans. Lenders partner with a guaranty agency of their choice as required to make private student loans.
Utah Valley University (UVU) does not promote any private student loan lender nor guarantor nor their loan products. We are here to ensure the accurate, timely processing of student loans to eligible students. UVU does not have a "preferred lender list" nor do we have a "preferred lender arrangement." Students at UVU have the right to choose their lender from among those that participate in private student loans. Lenders partner with a guaranty agency of their choice as required to make private student loans.
If alternative or private loans are necessary,
students are strongly encouraged to shop around and compare several companies carefully. Each
company may have different
interest rates and requirements for repayment. Students are encouraged to meet with a
Financial Aid Counselor. These loans are NOT awarded on the basis of
financial need.
A comprehensive alternative lender list
is provided for student reference. This list shows the private lenders students at UVU have
selected during the recent past.
Please note that free or lower-cost Title IV federal, state, or school financial aid may be available in place of, or in addition to,
a private education loan. Also, a private education loan may reduce eligiblity for free or lower-cost federal, state, or school student financial aid.
You are strongly encouraged to pursue the availability of free or lower-cost financial aid with our school's
financial aid office (visit our 'To Apply' page for details).
All loans must be repaid. Long-term loans add up quickly. We have compiled a list of sites
that offer Repayment Calculators to help students
plan for loan repayments.
UVU provides financial assistance to all eligible students regardless of race, color, national origin, sex, age, or disability. If you need language assistance or accommodation, please inform us when you first contact our office.