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Loans

Loans Explained

Loans are borrowed funds which must be repaid, usually with interest. The information below is an overview of the types of loans available, how to apply, and additional requirements which may need completed for the loan to disburse.

International students are not eligible for federal loans. If international students choose to pursue loans from private lenders, they normally are required to have an endorser/co-signer who is a US citizen or US permanent resident with good credit who has lived in the US for a certain period of time.

Undergraduate Loan Options

Federal Subsidized Loan

A federal, need-based loan option available to eligible undergraduate students.

Federal Subsidized Loan Information

Federal Unsubsidized Loan

A federal loan option available to eligible undergraduate students.

Federal Unsubsidized Loan Information

Parent PLUS Loan

A federal, credit-based loan option available to parents of dependent, undergraduate students.

Parent PLUS Loan Information

Institutional Loans

Loan options contributed by WVU alumni and friends through the WVU Foundation and are limited in availability.

Institutional Loan Information

Private Loans

Private loans are credit-based, non-federal educational loans through private lenders (banks) which allow students or parents to borrow additional funds after federal student loans have been exhausted.

Private Loan Information

Graduate Loan Options

Federal Unsubsidized Loan

A federal loan option available to eligible undergraduate students.

Federal Unsubsidized Loan Information

Graduate PLUS Loan

A federal loan option available to graduate students.

Graduate PLUS Loan Information

Institutional Loans

Loan options contributed by WVU alumni and friends through the WVU Foundation and are limited in availability.

Institutional Loan Information

Private Loans

Private loans are credit-based, non-federal educational loans through private lenders (banks) which allow students or parents to borrow additional funds after federal student loans have been exhausted.

Private Loan Information