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Loans and Grants

Federal and State

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Here are the Federal programs in which Strayer University takes part

Grants

Loans

LenderFees
Federal Direct Loans*1.068 % Origination Fee
http://www.ed.gov/offices/OSFAP/DirectLoan/index.html 
1-800-848-0979* 0.25% interest rate reduction for having monthly payments automatically deducted from your bank account.
Lender Code: FDSLP 
Guarantor: N/A* Fixed interest rate

About FEDERAL AND STATE Financial Aid

Below are videos related to this topic. If you are interested in other financial information visit Strayer's Financial Aid TV

Grant Programs Play
Loan Overview Play

Important Information About Student Loans

As you know, all student loans, whether federal or private loans, must be repaid. Once you have taken any loan, there are some important things for you to keep in mind:

  • When you take a federal student loan you are agreeing to pay back the amount you borrow (loan principal) and any accumulated interest.

  • The first payment will be due six months after you graduate, enroll less than half-time, or withdraw from school.

  • If you have trouble repaying your federal student loan, for reasons such as low income, loss of job, etc. you may be eligible for a period of deferment or forbearance, during which no principal payments are due. In certain cases, the interest will accrue and capitalize, in others the interest will be paid by the Federal Government.

  • If you fail to make payments on your Federal student loan for nine months (twelve months if your lender is Direct Loans), you will be considered in default. If you default, you will be turned over to a collection agency and reported to a credit bureau, potentially impairing your ability to apply for credit and preventing you from obtaining future student aid. In addition, the entire loan balance will become due immediately and any future income tax refund may be withheld to satisfy the debt to the government.

Request Information

Current RN License?
U.S. Military Affiliation

You consent to receive autodialed marketing calls or text messages from Strayer University and partner school, Capella University, at the phone number you provided. Consent is not required to purchase goods or services. You can always call us at 1.866.314.3547.