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Indiana Wesleyan University
Financial Aid Office
1900 W. 50th St.
Marion, IN 46953
800-621-8667, ext. 2516
William D. Ford Federal Direct Loan - Unsubsidized
Type of aid:
Federal loan that must be repaid. Interest is charged during all periods beginning at the time of disbursement.
Up to $6,000 for freshmen and sophomores
Up to $7,000 for juniors, seniors, and continued undergraduate-level study
Up to $20,500 for graduate students
Must have completed a Federal Direct Loan Master Promissory Note, the Federal Direct Loan Entrance Counseling session, IWU Financial Aid Request Form, valid year-appropriate FAFSA, and all associated paperwork to complete your financial aid file
Loan amount must fit within the estimated Cost of Attendance minus all other aid
Begins six months after last date of half-time enrollment. Interest is set annually by the federal government and is currently fixed at 6.8% for the 2012–2013 award year.
Renewal FAFSA is required
EFC eligibility requirements:
Half-time or more enrollment is required to obtain any of these funds
All degree-seeking students
Costs this aid can cover:
Any education related expense
4201 S. Washington St., Marion, IN 46953
866-468-6498 | 765-674-6901
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