Student Loans

Undergraduate Admissions
525 S. Main Street
Ada, OH 45810-1599
PH: 419-772-2260
Toll Free: 1-888-408-4668
Email: admissions-ug@onu.edu

Office of Financial Aid
Weber Hall
525 Main Street
Ada, OH 45810
Phone: 419-772-2272
Fax: 419-772-2313
Email: financial-aid@onu.edu

Student Loans

When borrowing for the cost of education, there are a variety of loan options to consider. The following information describes the options available and provides links for completing the necessary documentation.

Direct Subsidized and Unsubsidized Loans

These are loans available to students from the U.S. Department of Education.

To learn more, visit studentaid.ed.gov/types/loans/subsidized-unsubsidized
To apply, visit www.studentloans.gov and complete both the Entrance Counseling and Master Promissory Note

Direct PLUS Loans (Parents or Graduate Students)

These are loans that a parent (or step-parent) can borrow on behalf of their student. Direct PLUS loans also are available to graduate students to assist with educational expenses.

To learn more, visit studentaid.ed.gov/types/loans/plus
To apply, visit www.studentloans.gov and complete both the Loan Application and Master Promissory Note

Private Student Loans

These loans are offered through private lenders. Private loans are in the student’s name, but require a cosigner and a credit check of the cosigner to determine eligibility.

We work with all private loan lenders, including those not on our list. If you choose to work with a lender that is not listed, please notify us so we may process your loan promptly.

Two options to use when searching for a lender

FASTChoice - a list of lenders used most often by ONU students
Ohio Private Loan Marketplace – allows you to compare additional lenders side by side