Loans

A part of your financial aid award may be a loan. A loan must be repaid. Therefore, when deciding whether to borrow, you should examine your need for assistance and your future ability to repay. Unlike consumer loans, student loans have longer terms of repayment and in most cases are not repayable until you leave school. Interest rates vary from program to program but are usually lower than on loans made to the general public. The precise terms of the loans are contained in the promissory notes that borrowers must sign.

Note: The descriptions given here are only summaries and are subject to change.

Review Drexel University's Student Loan Code of Conduct and Recommended Lender Policy

Loan Options

• Federal Perkins Loan
• Subsidized Federal Stafford Loan
• Unsubsidized Federal Stafford Loan
• Federal PLUS Loan
• Primary Care Loan (Medical Students Only)
• Private Education Loan

Last Modified: 5/19/2009

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