It is our mission to provide you with access to various federal, state and institutional financial aid programs. It is our desire to inform you of financial aid processes, procedures, and policies. This knowledge will give you the ability to understand financial aid eligibility, processing and awarding. We hope this information will assist in creating an appropriate expectation of our services and ability to provide for your educational expenses. Please review it carefully and feel free to contact our office at the below address, telephone numbers or email address.
Applying for a Loan
Starting with the summer 2010 trimester all new students will be issued loans through the William D. Ford Direct Student Loan Program (Direct Loans). All currently enrolled students will begin the Direct Loan program with the fall 2010 trimester. Students not previously receiving Direct Loans before transferring to Logan will need to complete the Direct Loan Master Promissory note (MPN). This may be done through the website, www.studentloans.gov ; Please select the Subsidized/Unsubsidized loan. To complete the MPN you will need your U.S. Department of Education PIN. This will act as your electronic signature. You will be asked to provide your driver’s license number and two references. Loan Programs The federal student loan program is supported by the federal government. Generally, repayment of a federal loan does not begin until after the student leaves school. Federal student loans can be used to pay school expenses such as tuition and fees, housing, books, supplies and transportation. Private student loans are nonfederal loans issued by lenders such as banks and credit unions. Most private loans carry a variable interest rate and require a credit check. Many of the federal loan benefits are not offered with the private loans such as; fixed interest rates, income based repayment plans, and loan deferment and forgiveness options. We recommend that you first apply for the federal student loans before the private loans. - Stafford Loans – for undergraduate and graduate students. A credit check is not required for this loan. They have an automatic six-month grace period after the student leaves school and before the first payment is due.
- Subsidized: The federal government pays the interest on these loans while the student is enrolled at least half-time and during the six-month grace period.
- Unsubsidized: This loan is available to all students regardless of financial need. The student is responsible for the interest, which may be paid while in school or accrued and then added to the principle balance when the student enters repayment.
- Parent PLUS loans – parents can obtain this loan to help pay the cost of education for their dependent children. This loan requires a credit check and in some cases an eligible cosigner. Repayment may begin after the final disbursement for the term. Deferment options are available.
- Grad PLUS loans – Graduate students may obtain this loan to cover educational expenses not covered by their Stafford loans. This loan requires a credit check and in some cases an eligible cosigner. Graduate students may be able to defer repayment of their PLUS loans until after the student is no longer enrolled in school at least halftime. Interest will continue to accrue. For Logan students you will need to reapply for this loan each award period.
The federal student loan program is supported by the federal government. Generally, repayment of a federal loan does not begin until after the student leaves school. Federal student loans can be used to pay school expenses such as tuition and fees, housing, books, supplies and transportation. The federal student loan program is supported by the federal government. Generally, repayment of a federal loan does not begin until after the student leaves school. Federal student loans can be used to pay school expenses such as tuition and fees, housing, books, supplies and transportation. The federal student loan program is supported by the federal government. Generally, repayment of a federal loan does not begin until after the student leaves school. Federal student loans can be used to pay school expenses such as tuition and fees, housing, books, supplies and transportation. The federal student loan program is supported by the federal government. Generally, repayment of a federal loan does not begin until after the student leaves school. Federal student loans can be used to pay school expenses such as tuition and fees, housing, books, supplies and transportation. School Code (For FAFSA Form) 004703
Cost of Attendance Doctor of Chiropractic Graduate Undergraduate
Financial Aid Checklist
Helpful Websites
Tuition & Fees
Financial Aid Staff
FAQ
Scholarships
Logan Financial Aid Application
Contact Information Financial Aid Office Logan University 1851 Schoettler Road P.O. Box 1065 Chesterfield, MO 63006-1065 Phone: 1.800.782.3344 ext. 1725 New Students: 636-227-2100 ext. 1725 Perkins Loans: 636-227-2100 ext. 1773 Work Study & Scholarships: 636-227-2100 ext. 1728 1.800.782.3344 Fax: 636.207.2416 finaid@logan.edu
|