Loans for Undergraduate Students

Loans for Undergraduate Students

These Loan Programs are Designed for Eligible Undergraduate Students...

  • Federal Direct Loans - subsidized and unsubsidized and PLUS (Parent loan for dependent students)
  • Alternative Loans
  • Federal Perkins Loans
    • Federal Perkins loans are low-interest loans for students with exceptional financial need that are borrowed through Creighton University. Award amounts vary each year depending upon available funds. The interest rate is fixed at 5%, no interest accrues while a student is enrolled at least half-time, and repayment begins 9 months after graduation or less than half-time enrollment, whichever comes first.
  • Federal Nursing Loans
    • Federal Nursing Loans are low-interest loans for needy nursing students through the Department of Health and Human Services. Award amounts vary each year depending upon available funds.  The interest rate is fixed at 5%, no interest while a student is enrolled at least half-time, and repayment begins 9 months after graduation or less than half-time enrollment, whichever comes first.

Loan Disbursement

Federal loans and most private loans are disbursed electronically to your student account at the Business Office. Provided all requirements are met, loan funds generally disburse about 3 days before classes start each term. If your financial aid exceeds direct costs, the Business Office will refund the balance to you generally within 2 business days by signing up for direct deposit on the NEST.

Your Loan History

If you are seeking information about your past and present loans, go here for information.

Loan Ombudsman

The Federal Student Aid Ombudsman works with federal student loan borrowers to resolve loan disputes or problems from an impartial, independent viewpoint. If you have a problem with a federal student loan, you should contact the holder of the loan and try to resolve the problem. If you can't resolve the problem, contact the FSA Ombudsman at 1-877-557-2575 or online.