Loans

*Before you begin any of the following processes, our office recommends you print this page*

DIRECT STAFFORD LOANS:

If you are a previous Direct Stafford Student Loan Borrower:

Step 1. –Student should file FAFSA for the current year
Step 2. –Please call our office to set up the loan amount


If you are a new Direct Stafford Student Loan Borrower:

Step 1. –Visit www.studentloans.gov and SIGN IN using the student’s PIN number. This is the PIN used to sign the FAFSA.

Step 2.- Complete Entrance Counseling

Step 3.- Complete a Master Promissory Note- Select Loan Type: "Subsidized/Unsubsidized" for the Stafford Loan

    Step 4. –Wait 24 hours and call the NGU Financial Aid Office at (864)-977-7056 or (864) 977-7057 to discuss the amount of loan you would like to borrow.

    Questions concerning the MPN should be directed to the Department of Education Customer Service Center at 1-800-557-7394.

    To view Stafford Loan Limits, Interest Rates, and other info please click here


    DIRECT PLUS LOANS (PARENT LOANS):

    Step 1. –Student should file FAFSA

    Step 2. –Parent should visit www.studentloans.gov &  SIGN-IN using the parent’s PIN used to sign the FAFSA.

    --Please wait until June 15th (fall) and Nov. 15th (spring) to begin this process 

    • Click “Request a Direct PLUS Loan”
    • Select Loan Type: “Parent PLUS” and complete the four steps. A credit check will be completed during this process.
    • If the credit check is declined- Please continue to Step 3.If the PLUS loan is declined, the student may borrow an additional unsubsidized Stafford Loan.
    • If the credit check is accepted-(If you are a Previous Direct PLUS Loan Borrower, skip to Step 3)
    • Find on the left hand side “Master Promissory Note” & Click “Complete MPN." Select Loan Type: “Parent PLUS” and complete the four steps.

    Step 3. –Wait 24 hours and call the NGU Financial Aid Office at 864-977-7056 or (864) 977-7057 to discuss the amount of the loan and credit check status.

    Questions concerning the MPN should be directed to the Department of Education Customer Service Center at 1-800-557-7394.


    PRIVATE (ALTERNATIVE) LOANS:

    North Greenville University does not have a preferred lender list. Listed below are lender websites (in alpha order) from which you may choose.  These are lenders our students have borrowed from the past three years. You may review the information and apply for an alternative loan for the upcoming school year. There may be others on the Internet that you can find through your own research. Tip: Review their information and benefits before choosing the one that best meets your individual needs. Please contact the Financial Aid Office to discuss the amount of loan you should request.

    Click on the link below: