{"id":8,"date":"2013-09-13T17:40:17","date_gmt":"2013-09-13T17:40:17","guid":{"rendered":"http:\/\/stagewp.westernu.edu\/financial?page_id=8"},"modified":"2025-06-24T21:22:40","modified_gmt":"2025-06-24T21:22:40","slug":"loan-counseling","status":"publish","type":"page","link":"https:\/\/stagewp.westernu.edu\/financial\/loan-counseling\/","title":{"rendered":"Federal Direct Loan Program &amp; Counseling"},"content":{"rendered":"<section class=\"hero-secondary\">\n  <div class=\"relative bg-black\">\n                <img decoding=\"async\" class=\"adhere object-cover\" src=\"\" srcset=\"\" sizes=\"100vw\" alt=\"\">\n      <div class=\"adhere gradient-overlay\"><\/div>\n        <div class=\"relative container pt-56 md:pt-112 pb-144 md:pb-192\">\n      <div class=\"md:flex md:justify-between px-12\">\n        <div class=\"sm:w-8\/12 md:w-6\/12 xl:w-5\/12 px-12\">\n                      <div class=\"mb-20\">\n              <div class=\"block font-sans font-bold text-14 text-white leading-130\">\n  <span class=\"inline-block\">\n    <a href=\"\/\" class=\"block hover:underline\">WesternU<\/a>\n  <\/span>\n      <span class=\"inline-block mx-6\">\/<\/span>\n          <a href=\"https:\/\/stagewp.westernu.edu\/financial\" class=\"inline-block hover:underline\">Financial Aid<\/a>\n          <span class=\"inline-block mx-6\">\/<\/span>\n    <span class=\"inline-block\">Heading Text<\/span>\n  <\/div>            <\/div>\n                                        <h1 class=\"t-h1-sans  text-white\">Heading Text<\/h1>\n        <\/div>\n              <\/div>\n    <\/div>\n  <\/div>\n<\/section>\n\n\n<section class=\"relative my-48 md:my-72\">\n  <div class=\"container\">\n    <div class=\"lg:flex px-12 lg:justify-start\">\n              <div class=\"w-full lg:w-5\/12 2xl:w-4\/12 -mt-80 md:-mt-112 mb-48 px-12 lg:pr-32\">\n                              <nav class=\"py-28 px-40 2xl:px-64 rounded-5 md:rounded-8 bg-gray-darker text-white mb-40\">\n            <ul>\n                                              <li class=\"block my-8\">\n                  <a class=\"text-22 font-normal leading-130 tracking-20 text-white hover:text-yellow transition-default\" href=\"https:\/\/stagewp.westernu.edu\/financial\/loan-counseling\/\" target=\"_self\" rel=\"noopener\">Federal Direct Loan Program &amp; Counseling<\/a>\n                <\/li>\n                                              <li class=\"block my-8\">\n                  <a class=\"text-22 font-normal leading-130 tracking-20 text-white hover:text-yellow transition-default\" href=\"https:\/\/stagewp.westernu.edu\/financial\/loan-counseling\/credit\/\" target=\"_self\" rel=\"noopener\">How Credit Affects Loans<\/a>\n                <\/li>\n                                              <li class=\"block my-8\">\n                  <a class=\"text-22 font-normal leading-130 tracking-20 text-white hover:text-yellow transition-default\" href=\"https:\/\/stagewp.westernu.edu\/financial\/loan-counseling\/financial-loans-university\/\" target=\"_self\" rel=\"noopener\">University Loans<\/a>\n                <\/li>\n                                              <li class=\"block my-8\">\n                  <a class=\"text-22 font-normal leading-130 tracking-20 text-white hover:text-yellow transition-default\" href=\"https:\/\/stagewp.westernu.edu\/financial\/loan-counseling\/financial-loans-department-education\/\" target=\"_self\" rel=\"noopener\">Department of Education<\/a>\n                <\/li>\n                                              <li class=\"block my-8\">\n                  <a class=\"text-22 font-normal leading-130 tracking-20 text-white hover:text-yellow transition-default\" href=\"https:\/\/stagewp.westernu.edu\/financial\/loan-counseling\/financial-loans-department-health\/\" target=\"_self\" rel=\"noopener\">Health &amp; Human Services<\/a>\n                <\/li>\n                                              <li class=\"block my-8\">\n                  <a class=\"text-22 font-normal leading-130 tracking-20 text-white hover:text-yellow transition-default\" href=\"https:\/\/stagewp.westernu.edu\/financial\/loan-counseling\/historical-lender-information-list\/\" target=\"_self\" rel=\"noopener\">Historical Lender Information\/List<\/a>\n                <\/li>\n                                              <li class=\"block my-8\">\n                  <a class=\"text-22 font-normal leading-130 tracking-20 text-white hover:text-yellow transition-default\" href=\"https:\/\/stagewp.westernu.edu\/financial\/loan-counseling\/financial-entrance-counseling\/\" target=\"_self\" rel=\"noopener\">Entrance Counseling &amp; Institutional Requirements<\/a>\n                <\/li>\n                                              <li class=\"block my-8\">\n                  <a class=\"text-22 font-normal leading-130 tracking-20 text-white hover:text-yellow transition-default\" href=\"https:\/\/stagewp.westernu.edu\/financial\/loan-counseling\/financial-exit\/\" target=\"_self\" rel=\"noopener\">Exit Counseling<\/a>\n                <\/li>\n                                              <li class=\"block my-8\">\n                  <a class=\"text-22 font-normal leading-130 tracking-20 text-white hover:text-yellow transition-default\" href=\"https:\/\/stagewp.westernu.edu\/financial\/loan-counseling\/internationaldaca-students\/\" target=\"_self\" rel=\"noopener\">International\/DACA Students<\/a>\n                <\/li>\n                                              <li class=\"block my-8\">\n                  <a class=\"text-22 font-normal leading-130 tracking-20 text-white hover:text-yellow transition-default\" href=\"https:\/\/stagewp.westernu.edu\/financial\/loan-counseling\/repay-loan\/\" target=\"_self\" rel=\"noopener\">Repaying Your Student Loans<\/a>\n                <\/li>\n                                              <li class=\"block my-8\">\n                  <a class=\"text-22 font-normal leading-130 tracking-20 text-white hover:text-yellow transition-default\" href=\"https:\/\/stagewp.westernu.edu\/financial\/loan-counseling\/grad-plus-loan-denials\/\" target=\"_self\" rel=\"noopener\">Grad PLUS Loan Denials<\/a>\n                <\/li>\n                          <\/ul>\n          <\/nav>\n                            <\/div>\n      \n      \n                  \n                  \n      <div class=\"w-full px-24 wysiwyg-content lg:w-7\/12 2xl:w-7\/12\">\n        <h2>Federal Direct Loan Programs<\/h2>\n<p>Western University of Health Sciences is a Direct Lending school which participates in the William D. Ford Direct Loan (Direct Loan) Program. This means that\u00a0students get their loans directly through the U.S. Department of Education.<\/p>\n<p>Students must be a U.S. Citizen or Eligible Non-Citizen and complete\u00a0the FAFSA to get a Federal Direct Loan, and for the Graduate PLUS Loan.<\/p>\n<p>Federal student loans are required by law to provide a range of flexible repayment options, including, but not limited to, income-based repayment and income-contingent repayment plans, and loan forgiveness benefits, which other student loans are not required to provide.<\/p>\n<p>Federal Direct loans are available to students regardless of income.<\/p>\n<p>To apply for the\u00a0Direct Unsubsidized Loan\u00a0and Grad PLUS Loans through the Direct Lending program:<\/p>\n<ol>\n<li>Apply for financial aid via the FAFSA, <a href=\"https:\/\/studentaid.gov\/\" target=\"_blank\" rel=\"noopener\">Federal Student Aid Site<\/a><\/li>\n<li>Wait to receive your award offer notification from the Financial Aid Office that will be sent directly to your WesternU e-mail address to give you instructions to complete the award offer process through WesternU student portal<\/li>\n<li>Follow the steps\/instructions on your Financial Planning letter<\/li>\n<\/ol>\n<p><strong>Western University of Health Sciences does not participate in any preferred lender arrangements or preferred lender lists.<\/strong><\/p>\n<p>There are no Grants available to graduate students (Pell, FSEOG, TEACH, Iraq and Afghanistan Service Grants).<\/p>\n\n      <\/div>\n    <\/div>\n  <\/div>\n<\/section>\n\n\n\n\n\n\n\n<section class=\"relative my-48 md:my-72\" vue-app>\n  <div class=\"container\">\n        <app-accordion class=\"px-24 lg:w-4\/5 mx-auto\">\n              <app-accordion-item class=\"accordion-group block leading-1 opt-1\" content-class=\"accordion-group__panel wysiwyg-content\">\n          <template #accordion-trigger=\"{ href, visible, setRef, clickHandler }\">\n            <a :href=\"'#' + href\" \n              :ref=\"setRef\"\n              :class=\"['accordion-group__button scroll-mt-160', {'accordion__trigger_active': visible}]\"\n              @click.stop.prevent=\"clickHandler\"\n            >\n            <span class=\"block py-10\">\n              Loan Origination Fees\n            <\/span>\n            <span class=\"accordion-group-icon relative flex w-56 h-56 ml-20 justify-center items-center bg-black rounded-full flex-shrink-0\">\n                            <span class=\"w-16 icon-chevron-down\">\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\"><!--!Font Awesome Free 6.6.0 by @fontawesome - https:\/\/fontawesome.com License - https:\/\/fontawesome.com\/license\/free Copyright 2024 Fonticons, Inc.--><path d=\"M233.4 406.6c12.5 12.5 32.8 12.5 45.3 0l192-192c12.5-12.5 12.5-32.8 0-45.3s-32.8-12.5-45.3 0L256 338.7 86.6 169.4c-12.5-12.5-32.8-12.5-45.3 0s-12.5 32.8 0 45.3l192 192z\"\/><\/svg>\n              <\/span>\n              <span class=\"w-16 icon-chevron-up\">\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\"><!--!Font Awesome Free 6.6.0 by @fontawesome - https:\/\/fontawesome.com License - https:\/\/fontawesome.com\/license\/free Copyright 2024 Fonticons, Inc.--><path d=\"M233.4 105.4c12.5-12.5 32.8-12.5 45.3 0l192 192c12.5 12.5 12.5 32.8 0 45.3s-32.8 12.5-45.3 0L256 173.3 86.6 342.6c-12.5 12.5-32.8 12.5-45.3 0s-12.5-32.8 0-45.3l192-192z\"\/><\/svg>\n              <\/span>\n                          <\/span>\n            <\/a>\n          <\/template>\n          <template #accordion-content>\n            <p>The loan fee is charged to the borrower to originate the loan. The loan fee is an expense of borrowing one of these loans. The loan fee is a percentage of the amount of each loan the borrower receives, and is subtracted proportionately from each loan disbursement. Fees are subject to change.<\/p>\n<h4>Previous and New Direct Loan Fees on Direct\u00a0Unsubsidized Loans<\/h4>\n<table class=\"table\">\n<tbody>\n<tr>\n<td valign=\"top\">\n<div><strong>If the award&#8217;s earliest<\/strong><br \/>\n<strong>disbursement date is\u2026<\/strong><\/div>\n<\/td>\n<td valign=\"top\">\n<div><strong>Origination fee<\/strong> <strong>taken from your loan<\/strong><\/div>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">First Disbursed on or after October 1, 2021 and before October 1, 2022<\/td>\n<td valign=\"top\">1.057%<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">First Disbursed on or after October 1, 2022 and before October 1, 2023<\/td>\n<td valign=\"top\">1.057% (no change from previous year)<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">First Disbursed on or after October 1, 2022 and before October 1, 2024<\/td>\n<td valign=\"top\">1.057% (no change from previous year)<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">First Disbursed on or after October 1, 2022 and before October 1, 2025<\/td>\n<td valign=\"top\">1.057% (no change from previous year)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h4>Previous and New Direct Loan Fees on Direct Graduate PLUS Loans<\/h4>\n<table class=\"table\">\n<tbody>\n<tr>\n<td valign=\"top\">\n<div><strong>If the award&#8217;s earliest<\/strong><br \/>\n<strong>disbursement date is\u2026<\/strong><\/div>\n<\/td>\n<td valign=\"top\">\n<div><strong>Origination fee<\/strong> <strong>taken from your loan<\/strong><\/div>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">First Disbursed on or after October 1, 2021 and before October 1, 2022<\/td>\n<td valign=\"top\">4.228%<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">First Disbursed on or after October 1, 2022 and before October 1, 2023<\/td>\n<td valign=\"top\">4.228% (no change from previous year)<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">First Disbursed on or after October 1, 2022 and before October 1, 2024<\/td>\n<td valign=\"top\">4.228% (no change from previous year<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">First Disbursed on or after October 1, 2022 and before October 1, 2025<\/td>\n<td valign=\"top\">4.228% (no change from previous year<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n\n          <\/template>\n        <\/app-accordion-item>\n              <app-accordion-item class=\"accordion-group block leading-1 opt-1\" content-class=\"accordion-group__panel wysiwyg-content\">\n          <template #accordion-trigger=\"{ href, visible, setRef, clickHandler }\">\n            <a :href=\"'#' + href\" \n              :ref=\"setRef\"\n              :class=\"['accordion-group__button scroll-mt-160', {'accordion__trigger_active': visible}]\"\n              @click.stop.prevent=\"clickHandler\"\n            >\n            <span class=\"block py-10\">\n              Interest Rates\n            <\/span>\n            <span class=\"accordion-group-icon relative flex w-56 h-56 ml-20 justify-center items-center bg-black rounded-full flex-shrink-0\">\n                            <span class=\"w-16 icon-chevron-down\">\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\"><!--!Font Awesome Free 6.6.0 by @fontawesome - https:\/\/fontawesome.com License - https:\/\/fontawesome.com\/license\/free Copyright 2024 Fonticons, Inc.--><path d=\"M233.4 406.6c12.5 12.5 32.8 12.5 45.3 0l192-192c12.5-12.5 12.5-32.8 0-45.3s-32.8-12.5-45.3 0L256 338.7 86.6 169.4c-12.5-12.5-32.8-12.5-45.3 0s-12.5 32.8 0 45.3l192 192z\"\/><\/svg>\n              <\/span>\n              <span class=\"w-16 icon-chevron-up\">\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\"><!--!Font Awesome Free 6.6.0 by @fontawesome - https:\/\/fontawesome.com License - https:\/\/fontawesome.com\/license\/free Copyright 2024 Fonticons, Inc.--><path d=\"M233.4 105.4c12.5-12.5 32.8-12.5 45.3 0l192 192c12.5 12.5 12.5 32.8 0 45.3s-32.8 12.5-45.3 0L256 173.3 86.6 342.6c-12.5 12.5-32.8 12.5-45.3 0s-12.5-32.8 0-45.3l192-192z\"\/><\/svg>\n              <\/span>\n                          <\/span>\n            <\/a>\n          <\/template>\n          <template #accordion-content>\n            <p><strong>Federal Unsubsidized\u00a0Loans &#8211;<\/strong> Interest rates are a\u00a0 \u201cvariable-fixed\u201d rate. The rate would be fixed until the loan is paid in full. The interest rate for federal direct loans first disbursed on or after <strong>July 1, 2025<\/strong> <strong>will be 7.94%<\/strong>\u00a0<strong>for graduate\/professional Direct Unsubsidized Loans. <\/strong>Interest starts accruing as soon as the funds are disbursed to the university. <strong>Please remember, that the interest rate for the 2026\/2027 academic year may differ based on what the 10-Year T-Bill will be by the end of May 2026. <\/strong>Interest rates are subject to change.<\/p>\n<h2><span style=\"color: #800000\">Previous and\u00a0New Interest Rates on <span style=\"text-decoration: underline\">Direct\u00a0Unsubsidized Loans<\/span><\/span><\/h2>\n<table style=\"width: 95%\" border=\"1\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td valign=\"top\">\n<div style=\"text-align: center\">Interest Rates Federal Direct Stafford Loans<\/div>\n<\/td>\n<td valign=\"top\">\n<div style=\"text-align: center\">\u00a0Borrower Type<\/div>\n<\/td>\n<td valign=\"top\">\n<div style=\"text-align: center\">Fixed Interest Rate<\/div>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<div><\/div>\n<\/td>\n<td valign=\"top\">\n<div style=\"text-align: center\"><\/div>\n<\/td>\n<td valign=\"top\">\n<div><\/div>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">Federal Direct\u00a0Unsubsidized Loans\u00a0<strong>2022\/2023<\/strong> interest rates effective for loans first disbursed on or after July I, 2022<\/p>\n<div><strong>Direct Unsubsidized\u00a0Loans<\/strong><\/div>\n<\/td>\n<td valign=\"top\">\n<div style=\"text-align: center\">\n<div style=\"text-align: center\">Graduate Professional Students<\/div>\n<\/div>\n<\/td>\n<td style=\"text-align: center\" valign=\"top\">6.54%<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">Federal Direct\u00a0Unsubsidized Loans\u00a0<strong>2023\/2024<\/strong> interest rates effective for loans first disbursed on or after July I, 2023<\/p>\n<div><strong>Direct Unsubsidized\u00a0Loans<\/strong><\/div>\n<\/td>\n<td valign=\"top\">\n<div style=\"text-align: center\">\n<div style=\"text-align: center\">Graduate Professional Students<\/div>\n<\/div>\n<\/td>\n<td style=\"text-align: center\" valign=\"top\">7.05%<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">Federal Direct\u00a0Unsubsidized Loans\u00a0<strong>2024\/2025<\/strong> interest rates effective for loans first disbursed on or after July I, 2024<\/p>\n<div><strong>Direct Unsubsidized\u00a0Loans<\/strong><\/div>\n<\/td>\n<td valign=\"top\">\n<div style=\"text-align: center\">\n<div style=\"text-align: center\">Graduate Professional Students<\/div>\n<\/div>\n<\/td>\n<td style=\"text-align: center\" valign=\"top\">8.08%<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">Federal Direct\u00a0Unsubsidized Loans\u00a0<strong>2025\/2026<\/strong> interest rates effective for loans first disbursed on or after July I, 2025<\/p>\n<div><strong>Direct Unsubsidized\u00a0Loans<\/strong><\/div>\n<\/td>\n<td valign=\"top\">\n<div style=\"text-align: center\">\n<div style=\"text-align: center\">Graduate Professional Students<\/div>\n<\/div>\n<\/td>\n<td style=\"text-align: center\" valign=\"top\">7.94%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p><strong>Grad PLUS Loan &#8211;<\/strong> Interest rates are\u00a0 a \u201cvariable-fixed\u201d rate. The rate would be fixed until the loan is paid in full. Interest rates for the federal direct Grad PLUS loans first disbursed on or after <strong>July 1, 2025<\/strong>\u00a0<strong>will be 8.94% for Parent and Grad PLUS loans. <\/strong>Interest starts accruing as soon as the funds are disbursed to the university. <strong>Please remember, that the interest rate for the 2026\/2027 academic year may differ based on what the 10-Year T-Bill will be by the end of May 2026. Interest rates are subject to change.<\/strong><\/p>\n<h2>\u00a0<span style=\"color: #800000\">Previous\u00a0and\u00a0New Interest Rates on <span style=\"text-decoration: underline\">Direct Graduate PLUS Loans<\/span><\/span><\/h2>\n<table style=\"width: 95%\" border=\"1\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td valign=\"top\">\n<div style=\"text-align: center\">\u00a0Interest Rates Federal Direct Grad PLUS Loans<\/div>\n<\/td>\n<td valign=\"top\">\n<div style=\"text-align: center\">\u00a0Borrower Type<\/div>\n<\/td>\n<td valign=\"top\">\n<div>\u00a0Fixed Interest Rate<\/div>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<div><\/div>\n<\/td>\n<td valign=\"top\">\n<div><\/div>\n<\/td>\n<td valign=\"top\">\n<div><\/div>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<div>\n<div style=\"text-align: left\">\n<div>\n<div>\n<div>Federal Direct Grad PLUS Loans\u00a0<strong>2022\/2023<\/strong> interest rates effective for loans first disbursed on or after July 1, 2022<\/div>\n<div><\/div>\n<div><strong>Direct Grad PLUS Loans<\/strong><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/td>\n<td valign=\"top\">\n<p style=\"text-align: center\">Graduate Professional Students<\/p>\n<\/td>\n<td valign=\"top\">\n<p style=\"text-align: center\">7.54%<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<div>\n<div style=\"text-align: left\">\n<div>\n<div>\n<div>\n<div>Federal Direct Grad PLUS Loans\u00a0<strong>2023\/2024<\/strong> interest rates effective for loans first disbursed on or after July 1, 2023<\/div>\n<div><\/div>\n<div><strong>Direct Grad PLUS Loans<\/strong><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/td>\n<td valign=\"top\">\n<p style=\"text-align: center\">Graduate Professional Students<\/p>\n<\/td>\n<td valign=\"top\">\n<p style=\"text-align: center\">8.05%<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<div>\n<div style=\"text-align: left\">\n<div>\n<div>\n<div>\n<div>\n<div>Federal Direct Grad PLUS Loans\u00a0<strong>2024\/2025<\/strong> interest rates effective for loans first disbursed on or after July 1, 2024<\/div>\n<div><\/div>\n<div><strong>Direct Grad PLUS Loans<\/strong><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/td>\n<td valign=\"top\">\n<p style=\"text-align: center\">Graduate Professional Students<\/p>\n<\/td>\n<td valign=\"top\">\n<p style=\"text-align: center\">9.08%<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">\n<div>\n<div style=\"text-align: left\">\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>Federal Direct Grad PLUS Loans\u00a0<strong>2025\/2026<\/strong> interest rates effective for loans first disbursed on or after July 1, 2025<\/div>\n<div><\/div>\n<div><strong>Direct Grad PLUS Loans<\/strong><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/td>\n<td valign=\"top\">\n<p style=\"text-align: center\">Graduate Professional Students<\/p>\n<\/td>\n<td valign=\"top\">\n<p style=\"text-align: center\">8.94%<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n          <\/template>\n        <\/app-accordion-item>\n              <app-accordion-item class=\"accordion-group block leading-1 opt-1\" content-class=\"accordion-group__panel wysiwyg-content\">\n          <template #accordion-trigger=\"{ href, visible, setRef, clickHandler }\">\n            <a :href=\"'#' + href\" \n              :ref=\"setRef\"\n              :class=\"['accordion-group__button scroll-mt-160', {'accordion__trigger_active': visible}]\"\n              @click.stop.prevent=\"clickHandler\"\n            >\n            <span class=\"block py-10\">\n              Direct Grad PLUS Loan Information\n            <\/span>\n            <span class=\"accordion-group-icon relative flex w-56 h-56 ml-20 justify-center items-center bg-black rounded-full flex-shrink-0\">\n                            <span class=\"w-16 icon-chevron-down\">\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\"><!--!Font Awesome Free 6.6.0 by @fontawesome - https:\/\/fontawesome.com License - https:\/\/fontawesome.com\/license\/free Copyright 2024 Fonticons, Inc.--><path d=\"M233.4 406.6c12.5 12.5 32.8 12.5 45.3 0l192-192c12.5-12.5 12.5-32.8 0-45.3s-32.8-12.5-45.3 0L256 338.7 86.6 169.4c-12.5-12.5-32.8-12.5-45.3 0s-12.5 32.8 0 45.3l192 192z\"\/><\/svg>\n              <\/span>\n              <span class=\"w-16 icon-chevron-up\">\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\"><!--!Font Awesome Free 6.6.0 by @fontawesome - https:\/\/fontawesome.com License - https:\/\/fontawesome.com\/license\/free Copyright 2024 Fonticons, Inc.--><path d=\"M233.4 105.4c12.5-12.5 32.8-12.5 45.3 0l192 192c12.5 12.5 12.5 32.8 0 45.3s-32.8 12.5-45.3 0L256 173.3 86.6 342.6c-12.5 12.5-32.8 12.5-45.3 0s-12.5-32.8 0-45.3l192-192z\"\/><\/svg>\n              <\/span>\n                          <\/span>\n            <\/a>\n          <\/template>\n          <template #accordion-content>\n            <p>The Direct Grad PLUS loan program is credit based, borrowers must not have an adverse credit history.<\/p>\n<p>Once the borrower completes the Master promissory note, which includes the applicants authorization for a credit check to be completed the borrower will receive written confirmation of the credit check result.<\/p>\n<p>The school sends notification to the Direct Loan program within 5 days after the student accepts their award offer in Banner.<\/p>\n<p>The credit check is good for 180 days<\/p>\n<p>If the borrower&#8217;s credit has been denied the borrower will be notified directly from Direct Loans.<\/p>\n<p>Borrowers may obtain a co-signer (endorser)\u00a0for the Grad PLUS loan. The co-signer\u00a0must be credit worthy and a U.S. Citizen.<\/p>\n<p>The endorser may complete the endorser addendum on the student loans government website. To complete the endorser addendum online, the endorser will need the Loan Reference Number, which the student may obtain from the financial aid office.<\/p>\n<p>Please go to <a href=\"https:\/\/stagewp.westernu.edu\/financial\/loan-counseling\/grad-plus-loan-denials\/\" target=\"_blank\" rel=\"noopener\">Grad PLUS Loan Denials<\/a>\u00a0for further information\u00a0and options following a credit denial.<\/p>\n\n          <\/template>\n        <\/app-accordion-item>\n              <app-accordion-item class=\"accordion-group block leading-1 opt-1\" content-class=\"accordion-group__panel wysiwyg-content\">\n          <template #accordion-trigger=\"{ href, visible, setRef, clickHandler }\">\n            <a :href=\"'#' + href\" \n              :ref=\"setRef\"\n              :class=\"['accordion-group__button scroll-mt-160', {'accordion__trigger_active': visible}]\"\n              @click.stop.prevent=\"clickHandler\"\n            >\n            <span class=\"block py-10\">\n              General\u00a0Borrower Information\n            <\/span>\n            <span class=\"accordion-group-icon relative flex w-56 h-56 ml-20 justify-center items-center bg-black rounded-full flex-shrink-0\">\n                            <span class=\"w-16 icon-chevron-down\">\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\"><!--!Font Awesome Free 6.6.0 by @fontawesome - https:\/\/fontawesome.com License - https:\/\/fontawesome.com\/license\/free Copyright 2024 Fonticons, Inc.--><path d=\"M233.4 406.6c12.5 12.5 32.8 12.5 45.3 0l192-192c12.5-12.5 12.5-32.8 0-45.3s-32.8-12.5-45.3 0L256 338.7 86.6 169.4c-12.5-12.5-32.8-12.5-45.3 0s-12.5 32.8 0 45.3l192 192z\"\/><\/svg>\n              <\/span>\n              <span class=\"w-16 icon-chevron-up\">\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\"><!--!Font Awesome Free 6.6.0 by @fontawesome - https:\/\/fontawesome.com License - https:\/\/fontawesome.com\/license\/free Copyright 2024 Fonticons, Inc.--><path d=\"M233.4 105.4c12.5-12.5 32.8-12.5 45.3 0l192 192c12.5 12.5 12.5 32.8 0 45.3s-32.8 12.5-45.3 0L256 173.3 86.6 342.6c-12.5 12.5-32.8 12.5-45.3 0s-12.5-32.8 0-45.3l192-192z\"\/><\/svg>\n              <\/span>\n                          <\/span>\n            <\/a>\n          <\/template>\n          <template #accordion-content>\n            <h2>General\u00a0Borrower Information<\/h2>\n<p><strong>Canceling or Reducing Your Student Loan<\/strong><\/p>\n<p>Students may cancel or reduce the amount their loan by writing to your school&#8217;s financial aid office or lender before your lender sends your loan money to your school. There are also two ways to cancel all or part of your loan after your loan money is sent to your school. You may contact the school within 14 days (or sooner) of the date the school informs you they have applied your loan to your account or you can pay back all or a part of your loan within 120 days of the date your lender sends your loan money to your school.<\/p>\n<p><strong>Please contact the Financial Aid Office for any questions regarding the return of funds back to your lender.<\/strong><\/p>\n<p><strong>Direct and PLUS Loan Borrower Information<\/strong><\/p>\n<p>Graduate\/professional students who have Direct Unsubsidized Loans, and\/or Grad PLUS Loans are placed in an In-school deferment status based on the information reported by the school.<\/p>\n<p>For information on the your Direct Grad PLUS Rights and Responsibilities please go to:<\/p>\n<p><a href=\"https:\/\/fsapartners.ed.gov\/sites\/default\/files\/attachments\/dlbulletins\/DLB0814AttachPLUSMPNBRRrevCCRAAFINAL.pdf\" target=\"_blank\" rel=\"noopener\">Direct PLUS Loan Borrower\u2019s Rights And Responsibilities<\/a><\/p>\n<p>For information on your Direct Unsubsidized Loan Rights and Responsibilities, please go to:<\/p>\n<p><a href=\"https:\/\/studentaid.gov\/understand-aid\/types\/loans\/subsidized-unsubsidized\" target=\"_blank\" rel=\"noopener\">Direct Unsubsidized\u00a0Loan Borrower\u2019s Rights and Responsibilities<\/a><\/p>\n<p>For information on repayment options and loan servicer information, please go to:<\/p>\n<p><a href=\"https:\/\/studentaid.gov\/manage-loans\/repayment\/plans\" target=\"_blank\" rel=\"noopener\">Borrower Repayment Options<\/a><\/p>\n<p>For Washington State residents seeking information and resources about student loan repayment or seeking to submit a complaint relating to your student loans or student loan servicer, please contact the <a href=\"https:\/\/wsac.wa.gov\/loan-advocacy\" target=\"_blank\" rel=\"noopener\">Student Loan Advocate<\/a> or <a href=\"mailto:loanadvocate@wsac.wa.gov\">loanadvocate@wsac.wa.gov.<\/a><\/p>\n<p>For information on financial literacy, financial planning and budgeting, please go to:<\/p>\n<p><a href=\"https:\/\/websites.westernu.edu\/financial-literacy\">Financing a Healthy Future<\/a><\/p>\n<p>For any questions concerning your loans, budgeting, deferment or forbearance and repayment options, please contact the Financial Aid Office at 909-469-5353 or e-mail at <a href=\"mailto:finaid@westernu.edu\">finaid@westernu.edu<\/a>\u00a0.<\/p>\n\n          <\/template>\n        <\/app-accordion-item>\n          <\/app-accordion>\n  <\/div>\n<\/section>\n\n<section class=\"relative my-48 md:my-72\">\n  <div class=\"container\">\n    <div class=\"lg:flex px-12 lg:justify-center\">\n      \n      \n                  \n                  \n      <div class=\"w-full px-24 wysiwyg-content xl:w-10\/12 2xl:w-9\/12\">\n        <h2>Helpful Phone Numbers and Addresses for Students and Borrowers<\/h2>\n<p><strong>For general questions:<\/strong><\/p>\n<p><strong>In regards to your loans, Master Promissory Note or need assistance with the studentloans.gov website or appealing credit decisions and endorser questions<\/strong><\/p>\n<p>Direct Loan Applicant Services\u00a0\u00a0\u00a01-800-557-7394<\/p>\n<p><strong>For Direct Loan servicing questions:<\/strong><br \/>\n<strong>(for a listing on Direct Loan Servicers, see below)<\/strong><\/p>\n<p>Direct Loan Servicing Center for Borrowers\u00a0\u00a01-800-848-0979<\/p>\n<p>If a borrower needs to know who is servicing the loan, please contact the Applicant Service Number at 1-800-557-7394<\/p>\n<p><strong>For Endorser Information:<\/strong><\/p>\n<p>Endorsers on the Grad PLUS Loan can complete the endorser application online at www.studentloans.gov endorsers will need to have their own pin number which can be obtained at www.pin.ed.gov once the pin has been activated the endorser can complete the endorser application at the www.studentloans.gov website<\/p>\n<p><strong>If a paper endorser form or Master Promissory Note needs to be mailed or sent overnight:<\/strong><\/p>\n<p><strong>Regular Mailing<\/strong><br \/>\nU.S. Department of Education<br \/>\nPO Box\u00a09002<br \/>\nNiagara Falls, NY 14302<\/p>\n<p><strong>Overnight<\/strong><br \/>\nU.S. Department of Education<br \/>\n2429 Military Road, Suite 200<br \/>\nNiagara Falls, NY 14304<\/p>\n<p><strong>For information on consolidation:<\/strong><br \/>\nConsolidation 1-800-557-7392<\/p>\n<p><strong>For borrower assistance regarding exit counseling:<\/strong><br \/>\nFSA\/ID 1-800-433-3243<br \/>\n<strong>Direct Loan Servicer &#8211; Contact Information<\/strong><\/p>\n<p>If you have a question about Title IV federal student aid or one of the services the Department of Education provides, please contact one of the Customer Service Centers or Federal Student Aid Offices. If you are not sure which Service Center to call, contact the Research and Customer Care Center at 1-800-433-7327, or e-mail us at fsa.customer.support@ed.gov.<\/p>\n<p>Loan Servicing Centers for Students:<\/p>\n<p>Visit <a href=\"https:\/\/studentaid.gov\/fsa-id\/sign-in\/landing\" target=\"_blank\" rel=\"noopener\">My Federal Student Aid<\/a> to view information about all of the federal student loans you have received and to find contact information for the loan servicer or <em>lender<\/em> for your loans.<\/p>\n<p>Who&#8217;s My Loan Servicer?<\/p>\n<p>To learn about the role that student loan servicers play in the repayment process and which servicer handles your federal student loans, please visit the Federal Student Aid &#8220;<a href=\"https:\/\/studentaid.gov\/exit-counseling\/\" target=\"_blank\" rel=\"noopener\">Who&#8217;s My Student Loan Servicer<\/a>?&#8221;<\/p>\n\n      <\/div>\n    <\/div>\n  <\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":6,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"class_list":["post-8","page","type-page","status-publish","hentry"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/stagewp.westernu.edu\/financial\/wp-json\/wp\/v2\/pages\/8","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stagewp.westernu.edu\/financial\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/stagewp.westernu.edu\/financial\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/stagewp.westernu.edu\/financial\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stagewp.westernu.edu\/financial\/wp-json\/wp\/v2\/comments?post=8"}],"version-history":[{"count":19,"href":"https:\/\/stagewp.westernu.edu\/financial\/wp-json\/wp\/v2\/pages\/8\/revisions"}],"predecessor-version":[{"id":7608,"href":"https:\/\/stagewp.westernu.edu\/financial\/wp-json\/wp\/v2\/pages\/8\/revisions\/7608"}],"wp:attachment":[{"href":"https:\/\/stagewp.westernu.edu\/financial\/wp-json\/wp\/v2\/media?parent=8"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}