Educational loans are a form of self-help financial aid. Students must complete the Free Application for Federal Student Aid to determine eligibility for educational loan programs. First-time borrowers in the Direct Loan program must also complete Entrance Loan Counseling and a Master Promissory Note.
Loans are a form of aid that must be repaid by the student or parent, versus grants and scholarships which generally do not have to be repaid.
Available loan programs for Illinois State University students are listed below:
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