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Loan Information for Undergraduate Programs

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A loan is financial aid that must be repaid with interest. Loans are offered based on financial need assessment as determined by the Free Application for Federal Student Aid (FAFSA). Any eligible student may obtain a federal direct loan; however, the type of loan will be determined by your need assessment. Cedarville University participates in the following loan programs:

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Federal Direct Undergraduate Student Loan

Federal Direct Undergraduate Student Loans are fixed-rate loans available to degree-seeking students enrolled at least half-time.

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Federal Direct Parent PLUS Loan

Federal Direct Parent PLUS Loans are fixed-rate loans available to parents of degree-seeking dependent undergraduate students enrolled at least half-time.

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Private Educational Loan

Private Educational Loans (PVL) are credit-based private loans that are obtained through a lending institution of your choice.

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Federal Nursing Loan

Federal Nursing Loans are awarded to nursing majors enrolled at least half-time who demonstrate financial need.

FAQs on Loans (Types, Fees, Limits, Repayment) » Loan Interest and Loan Fee Rates »