News

Federal Student Loan Interest Rates and Origination Fees 2021-2022

May 19, 2021
Federal student loan interest rates are expected to increase in the 21-22 academic year. The interest rate for federal loans first disbursed on or after July 1, 2021 are expected to increase from 4.30% to 5.28% for graduate/professional Direct Unsubsidized Loans, and from 5.30% to 6.28% for Parent...

Reminder for 2021 Graduating Loan Borrowers

May 4, 2021
Federal Direct Stafford Loan or Federal Graduate PLUS Loan borrowers must complete Federal Loan Exit Counseling at https://studentaid.gov/

Second Round CARES Act Emergency Relief Grant

April 29, 2021
The U.S. Department of Education announced on January 14, 2021 that additional funding would be made available to higher education institutions to ensure learning continues for students during the COVID-19 pandemic, under the Coronavirus Response and Relief Supplemental Appropriations Act's Higher...

UPDATE COVID-19 Interest Rate and Payments Paused for Federal Direct Loans until September 30, 2021

April 27, 2021
President Biden has directed the acting Secretary of Education to extend the pause on student federal loan payments and to keep interest at 0% through September 30th 2021. For borrowers in repayment, payments are not required during this period. Suspended payments will continue to count toward...

Nelnet Student Choice Refund: Confirm Your Account or Sign Up

April 12, 2021
The Student Financial Services Office has successfully transitioned our federal and private loan disbursements to our new vendor, Nelnet Student Choice Refund! We have moved all existing direct deposit information over to our new vendor.  

Federal and Private Student Loan Freeze

April 2, 2021
We previously notified you that the Student Financial Services Office will be transitioning to a new vendor for all federal and private loan disbursements. As we prepare for this change, there will be a freeze for all federal and private loan disbursements from 4/8-4/20. Any loan change requests or...

Pages