Important Information for Student Loan Borrowers

  • Information students should consider before borrowing student loans.

Federal Direct Loan

  • The Federal Direct Loan is a student loan provided by the US Department of Education and administered by Iowa State University.

Federal Direct Parent PLUS Loan

  • The Federal Direct PLUS Loan is available for parents of a dependent student to cover educational costs not already covered by the student’s financial aid package.

Federal Perkins Loan

  • The Federal Perkins Loan was a student loan administered by Iowa State University and drawn from a pool of limited federal funds. This program has now been closed by the Department of Education starting with the 2018-19 FAFSA year.

Federal Health Professions Loan

  • The Federal Health and Professions Loan is a student loan available to students enrolled in the College of Veterinary Medicine.

Federal Direct Graduate and Veterinary Medicine PLUS Loan

  • The Federal Direct Graduate and Veterinary Medicine PLUS Loan is open to Graduate and Professional Students (including Veterinary Medicine).

Private Loans

  • Private loans are offered by private lenders with no federal forms to complete. Eligibility for private student loans often depends on the applicant’s credit score.

Features & Services

  • A number of features and services are available to provide assistance managing your loans.