Loans provide students and their families with an opportunity to defer part of the cost of education by borrowing now and repaying later at a reduced rate of interest. However, before deciding whether to accept or pursue a loan, carefully read all relevant information.
We encourage students to consider both part-time employment and cutting down on expenses as ways of keeping aggregate loan debt to a minimum. Students are encouraged to keep track of aggregate loan funds borrowed. Please also consider reviewing the repayment obligation for the amount you will borrow and work that amount into a monthly budget.
The information you will find here concerning loan options is accurate to the best of our knowledge. Federal policy is somewhat volatile at this time and, therefore, the information contained here could change.
Please click on one of the loan tabs above to learn more about the loan programs available at BVU.
Use the links you'll find here to financially plan your college years as well as life after college.
Manage Your Debt - Use this link to find a budget worksheet to help you juggle expenses during college and after. This worksheet will provide a potential income for your career choice and will also help you fit your "real life" financial responsibilities into a budget.
www.ICANsucceed.org - This web site will help you look for information on how to finance the rest of your college education or successfully land a job. This web site is designated Iowa's College Access Network by the National College Access Network (NCAN). You'll find information on:
Jumpstart's Reality Check - Need a reality check on how to budget your money? Take this interactive test to see how you fare.