Loans
Student loans have grown into a multi-billion dollar industry within
the past several years. There are many financial institutions that
offer student loans. The interest rates vary greatly depending on
the origin (private company or government) and the repayment
requirements. Students are encouraged to meet with a Financial Aid
Counselor to determine the best interest rates and repayment schedules
for loans.
Our institution offers the
Tuition Payment Plan for students who need short term financial assistance.
Federal loans and
federal parent loans
are made by private companies who work in conjunction with UVU. These loans
provide special interest rates and repayment schedules. Parent loans and
unsubsidized Stafford Loans are NOT awarded on thebasis of
financial need.
DISCLAIMER:
Utah Valley University (UVU) does not promote any student loan lender nor guarantor nor their loan products. We are here to ensure the accurate, timely processing of student loans to eligible students. UVU does not have a “preferred lender list” nor do we have a “preferred lender arrangement.” Students at UVU have the right to choose their lender from among those that participate in the Federal Family Education Loan Program (FFELP). Lenders partner with a guaranty agency of their choice as required to make student loans.
Utah Valley University (UVU) does not promote any student loan lender nor guarantor nor their loan products. We are here to ensure the accurate, timely processing of student loans to eligible students. UVU does not have a “preferred lender list” nor do we have a “preferred lender arrangement.” Students at UVU have the right to choose their lender from among those that participate in the Federal Family Education Loan Program (FFELP). Lenders partner with a guaranty agency of their choice as required to make student loans.
A comprehensive list of FFELP student lenders that UVU students have chosen in the recent past has been provided for your reference.
Important note:
If you choose a Utah lender that uses UHEAA as their guarantor (see our comprehensive list) you will select your lender at the time that you sign your loan promissory note. If you select a lender that partners with a guaranty agency outside the State of Utah, you must notify our office of your lender choice as described above.
If you choose a Utah lender that uses UHEAA as their guarantor (see our comprehensive list) you will select your lender at the time that you sign your loan promissory note. If you select a lender that partners with a guaranty agency outside the State of Utah, you must notify our office of your lender choice as described above.
If alternative or private loans are necessary, students are strongly encouraged to shop around and compare several companies carefully. Each company may have different interest rates and requirements for repayment. Students are encouraged to meet with a Financial Aid Counselor. These loans are NOT awarded on the basis of financial need
All loans must be repaid. Long-term loans add up quickly. We have compiled a list of sites
that offer Repayment Calculators to help students
plan for loan repayments.
UVU provides financial assistance to all eligible students regardless of race, color, national origin, sex, age, or disability. If you need language assistance or accommodation, please inform us when you first contact our office.