Alternative/Private Education Loan
Type of aid: | Loan that must be repaid |
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Award amounts: | Students may borrow up to the full Cost of Attendance minus all other aid |
Application process: | The student must submit a loan application to the appropriate chosen lender |
Eligibility requirements: | The borrower must be determined credit-worthy by the lender, and the loan amount must fit within the estimated Cost of Attendance minus other aid |
Repayment: | Repayment requirements and options vary by lender. Students should contact the particular loan servicer for more information. |
Renewal requirements: | An application must be submitted each loan requested. |
EFC eligibility requirements: | All |
Enrollment requirements: | Half-time or more enrollment is often required for students to be eligible for this loan. Some lenders may approve loans for less than half-time enrollment. |
Grade-level eligibility: | All degree programs |
Costs this aid can cover: | Any education related expense |
Contact Info
Indiana Wesleyan University
Financial Aid Office
1886 W. 50th St.
Marion, IN 46953
1-866-498-4968
765-677-2516
Fax: 765-677-2030
IWUfinaid@indwes.edu
FAFSA Code: 001822
Free Application for Federal Student Aid