Eligibility: FAFSA filed; must demonstrate financial need
Interest Rate: 5.0%, fixed rate; interest does not accrue during deferment and grace periods
Award Amount: Awarded to students in selected Nursing Programs for the academic year with disbursements divided equally between fall and spring terms
Notes: These low-interest loans are made with government funds through a school's financial aid office. The school acts as the lender. You are not responsible for paying the interest on the loan while enrolled as at least a half-time student.
317-274-5555 420 University Blvd. Indianapolis, IN 46202 AskIU@iu.edu