Creighton University

Below is a chart listing the Federal Family Education loan programs offered at Creighton University.  In order to be considered for the Institutionally administered loan programs and the Federal Stafford loans, a student must complete the Free Application for Federal Student Aid FAFSA.  If you are eligible for these loans, they will appear on your Creighton award notification.  All Federal loan applications must be certified prior to the last date of attendance for the loan period. If you decide that you want the loan, you must accept it on line through your NEST web page. Follow the links to "accept your award."  If you are a first time borrower, start the application process by following the links below.

• The Federal Stafford Loan program works in partnership with a group of  lenders.  Subsidized loans are available to students demonstrating financial need. The government pays the interest on these loans while you are in school. Students not qualifying for federal subsidized loans may qualify for unsubsidized loan funds. Interest begins to accrue at the time of disbursement for unsubsidized loans; borrowers may make interest payments while in school or defer the interest until graduation. All Stafford loans have a 6 month grace period after graduation (or enrollment status drops below half time enrollment). All loan guaranty agencies are required by law to collect a federal default fee of 1% of the loan. Effective July 1, 2008, lenders may also deduct a 1% origination fee from each disbursement.

Interest rates for loans disbursed after July 1, 2008:

 Start here:  Federal Stafford Loan >>> Lender list and On-line Application

• The Federal PLUS Loan also works in partnership with our primary lenders.  The PLUS loan is available to credit worthy parents to help the family cover educational expenses.  Parents can borrow up to the cost of attendance less other financial aid. A 3% origination fee will be deducted by the lender from each disbursement. PLUS loans have a fixed interest rate of 8.5% and repayment begins within 60 days of the last disbursement of the loan each academic year. So if the second half of the loan was disbursed at the start of the Spring semester in January, payments will begin around March.  Guaranty agencies may deduct a federal default fee of 1% from each disbursement.

 Start here:      PLUS for parents >>>   Lender list and On-Line Application

• The Federal Grad PLUS Loan  The Grad PLUS loan conditions are the same as those outlined in the paragraph above, except that graduate students get an in-school deferment.  Repayment begins immediately upon graduation.

Start here:       Grad PLUS >>>   Lender list and On-Line Application

 

View the on-line Loan Program Guide

View a chart that shows estimated monthly loan payments

Check on your current loans Lender Links