How do I qualify for a student loan?

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In order to qualify for a student loan, students must meet the following requirements: 

  • demonstrate financial need (for most programs);
  • be a U.S. citizen or an eligible noncitizen;
  • have a valid Social Security number (with the exception of students from the Republic of the Marshall Islands, Federated States of Micronesia, or the Republic of Palau);
  • be fully admitted to an eligible degree or certificate program;
  • be enrolled at least half-time in eligible courses;
  • maintain all three Standards of Satisfactory Academic Progress for Financial Aid;
  • sign the certification statement on the Free Application for Federal Student Aid (FAFSA®) stating that
    • you are not in default on a federal student loan and do not owe money on a federal student grant and
    • you will use federal student aid only for educational purposes; and
  • show you’re qualified to obtain a college or career school education by
    • having a high school diploma or a recognized equivalent such as a General Educational Development (GED) certificate
    • completing a high school education in a homeschool setting approved under state law (or—if state law does not require a homeschooled student to obtain a completion credential—completing a high school education in a homeschool setting that qualifies as an exemption from compulsory attendance requirements under state law)

More information can be found on our website

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Details

Details

Article ID: 21160
Created
Wed 12/7/16 2:47 PM
Modified
Sat 6/29/24 6:06 AM