Financial Aid: Undergraduate Loans

  An education loan is a form of financial aid that must be repaid, with interest. Education loans come in three major categories: student loans (e.g., Stafford and Perkins loans), parent loans (e.g., PLUS loans) and private student loans (also called alternative student loans). A fourth type of education loan, the consolidation loan, allows the borrower to lump all of their loans into one loan for simplified payment.

Student Loans

Student loans are loans taken out in the name of the student. They must be used for educationally related expenses, such as tuition, room, board, books, and any other cost associated with going to college. Below are the types of loans available to students at the University of Portland. Not all loans are available to all students. Check your award letter to see what you are eligible to receive.

Undergraduate Stafford Loans
Perkins Loan
Nursing Loan
Private Education Loans
Consolidation Loans

Information and instructions on applying for loans can be found at Apply for Loans.

Parent Loans

Parent loans are loans taken out in the name of a parent for the benefit of a dependent undergraduate student. Like student loans, they must be used for educationally related expenses.

Parent PLUS Loan

Information and instructions on applying for loans can be found at Apply for Loans.

Title IV Loans Code of Conduct

Loan Repayment and Forgiveness

More information on Loan Forgiveness and Repayment can be found in the Resources section of this website.

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