Auburn University Student Loans – Auburn University offers various student loan options to help students finance their education, including federal student loans and private student loans.
To know if you are eligible for financial aid, including student loans, you will need to fill out the Free Application for Federal Student Aid (FAFSA). You should also contact the Financial Aid Office at Auburn University for information on the specific loan options available to you and for help navigating the loan process.
- How to apply for Student Loan Trust Fund (SLTF)
- When Do Student Loan Payments Resume 2023
- Nelnet Student Loan – Portal Sign in, Requirements, How to Apply
- Colorado State University (CSU) student loans
Auburn university student Loan Limits
- Dependent Undergraduate students
- Freshmen – $5500, no more than $3500 Subsidized loans
- Sophomores – $6500, no more than $4500 Subsidized loans
- Juniors and Seniors – $7500, no more than $5500 Subsidized loans
- Independent Undergraduate students
- Freshmen – $9500, no more than $3500 Subsidized loans
- Sophomores – $10,500, no more than $4500 Subsidized loans
- Juniors and Seniors – $12,500, no more than $5500 Subsidized loans
- Graduate Students – $20,500 Unsubsidized loans
- Veterinary Medicine students: $20,500 Unsubsidized plus the maximum increased Unsubsidized amount of $20,000 for a period of 9 month academic year or plus $26,667 for a 12 month academic session, limited to cost of attendance.
- Pharmacy students: $20,500 Unsubsidized plus the maximum increased Unsubsidized amount of $12,500 for a 9 month academic session, or plus $16,667 for a 12 month academic session, limited to cost of attendance.
- Dependent Undergraduate students
- Undergraduate Dependent Students: $31,000 (no more than $23,000 of which can be subsidized loans)
- Undergraduate Independent Students: $57,500 (no more than $23,000 of which can be subsidized loans)
- Graduate Students: $138,500
- Veterinary Medicine and Pharmacy students: $224,000
- Apply for Barclays Student Loan in UK (Requirements & Procedures)
- Boston University (BU) Student Loans (Requirements & Application)
Types of student loan at Auburn university
Auburn University provides a variety of student loan options to assist students finance their education. Some of the loan types available to students include:
1. Federal Parent Plus Loans
2. Federal Graduate PLUS Loans
3. Federal Perkins Loan
4. Health Professions Student Loan
5. Non-federal Alternative Loans
Due to recent legislative changes, students applying for a non-federal alternative loan will be needed to complete the Private Education Loan Applicant Self-Certification Form. This form is also available through the alternative lender’s official website. This form will need information regarding aid that you are currently receiving and the total cost of attendance for AU. Follow these links to view your current financial aid award and the estimated cost of attendance at Auburn University in order to complete this form.
6. FSA Student Loan Ombudsman Group
Auburn university student loans amount
Auburn university Loan payments
Payment Mailing Address: PO Box 1287, Moon Township, PA 15108
Paperwork Mailing Address: PO Box 1289, Moon Township, PA 15108
Borrower Service Phone: 1-888-549-3274
Frequently asked questions
When do I begin repaying my loans?
Am I required to do an Exit Interview on these loans?
How do I make payments?
What if I don’t receive my monthly statement?
Just because you don’t get a statement does not mean that you don’t owe your payment.
What is the interest rate on my loan(s)?
What is my monthly payment on my loan(s)?
Can I pay off my loan(s) early?
Will I get any reminder letters during my grace period?
Where does the money come from to fund the Perkins/NDSL and Health Professions loan funds?
I’ve borrowed a lot of money and have different loans. What if I can’t remember where all my loans are?
Is there a place I can go to informally resolve loan disputes and problems?
How to get a student loan at Auburn?
Editor’s Advice (Conclusion)
If you are a student at Auburn University and need to take out loans to pay for your education, here are some tips to help you manage your debt:
- Know the types of loans available: There are many types of student loans – federal, private etc. Federal loans usually have lower interest rates and more flexible repayment options, so consider them first.
- Borrow only what you need: Only borrow the amount that you absolutely need for tuition, books, and living expenses. The more you borrow, the more you will have to pay back in the long run.
- Consider a part-time job: Consider working part-time while you are in school to help reduce your reliance on loans.
- Repayment options: Once you graduate, you have options for repaying your loans, such as income-driven repayment plans or loan consolidation. Do your research and choose the option that works best for your financial situation.
- Make payments on time: Late payments can result in penalties and additional fees, so make sure to stay on top of your loan payments.
Remember, student loans are a serious financial obligation, so it’s important to understand the terms and conditions before you borrow.