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Indiana Wesleyan University
Financial Aid Office
4201 S. Washington St.
Marion, IN 46953
Unsubsidized William D. Ford Direct Loans
Type of aid:
must be repaid
$2,000 - $5,500 Freshmen
$2,000 - $6,500 Sophomores
$2,000 - $7,500 Juniors & Seniors
Up to $12,000 for graduate students
A loan fee of 1% is charged.
Must have completed a Direct Loan Master Promissory Note (MPN), Direct Loan Entrance Interview, FAFSA, and all associated paperwork to complete your financial aid file.
Apply for a Federal Direct Loan here
Must show remaining financial need after other aid
Begins six months after last date of half-time enrollment. Interest is charged at a fixed 6.8%. The student is responsible for the interest on these loans beginning at the point of the first disbursement.
Eligibility is evaluated annually
EFC eligibility range:
Half-time or more enrollment is required to obtain any of these funds
All degree-seeking students
Costs this aid can cover:
Any educationally related expense
4201 S. Washington St., Marion, IN 46953
866-468-6498 | 765-674-6901
© 2012 Indiana Wesleyan University
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